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Ford needs to be more aggressive in the India car market, which is expected to grow 10% this year. One of the first foreign car makers to set up shop in the country, Ford in 1996 established a joint venture with domestic vehicle manufacturer Mahindra & Mahindra. But 13 years later...

Author: /time Magazine | Title: With the Figo, Ford Tries to Crash India's Car Market | 10/1/2009 | See Source »

Ford's problem is its low profile in what will likely be the key markets for auto sales growth over the next several years. In the first six months of 2009, the carmaker's U.S. sales fell 33% and European revenues shrank 39%. While Western economies look set to remain...

Author: /time Magazine | Title: With the Figo, Ford Tries to Crash India's Car Market | 10/1/2009 | See Source »

The Figo's sticker price is yet to be disclosed, but sources at Ford say it will cost around $7,000. Although the price is more than triple that of Tata Motor's Nano city car, "its aggressive pricing from Ford," says Hormazd Sorabjee, editor of AutoCar India magazine in...

Author: /time Magazine | Title: With the Figo, Ford Tries to Crash India's Car Market | 10/1/2009 | See Source »

Especially after this summer's postelection chaos, the mausoleum has become ground zero for hard-line conservatives. Supporters of opposition leader Mir-Hossein Mousavi rarely go there to pray or seek blessing from the Imam, but fans of President Mahmoud Ahmadinejad are more concentrated in the area than in most...

Author: /time Magazine | Title: Has the Iranian Regime Forsaken Khomeini? | 9/29/2009 | See Source »

The good news - at least from a city-planning point of view - is that McMansions are ready-made to be broken into tinier living spaces. Each bedroom typically has its own bathroom, voluminous basements often offer a second kitchen, and garages comfortably fit three or four cars. See pictures of...

Author: /time Magazine | Title: Reinventing the McMansion | 9/28/2009 | See Source »

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