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Both companies have promised to deliver fuel-efficient vehicles with advanced power trains that will alter perceptions about cars. "The Fisker Karma is the future of driving," says Henrik Fisker, founder and chief executive of the company bearing his name. "It proves we can drive environmentally responsible cars without sacrificing the emotional things that made us fall in love with cars in the first place." Fisker, the former design director for Aston Martin, has been in the auto industry for decades. (See the most important cars of all time...

Author: /time Magazine | Title: The U.S. Bets a Billion on New High-Tech Automakers | 10/7/2009 | See Source »

...company plans to deliver its first Karma roadster early next year. It is getting $528 million in low-interest, government-guaranteed loans to refine its plug-in hybrid-drive system, originally developed by its partner Quantum Technology of Irvine, Calif., with grants from the U.S. Department of Defense. Using that technology, the Karma can travel for 50 miles on lithium-ion batteries before the gasoline engine turns on to act as a generator, Fisker says. The preliminary price tag for the Karma...

Author: /time Magazine | Title: The U.S. Bets a Billion on New High-Tech Automakers | 10/7/2009 | See Source »

...memoirist extensively, talking to family members, scrutinizing television appearances and mining speeches or other documents, a ghostwriter with the need for speed may enlist transcribers and fact checkers to expedite the process. But in the end, how quickly the book gets finished depends largely on the ghostwriter's drive to grind it out. "My friends used to joke about, I think it's Control plus F10 - [the computer shortcut that brings up] the word count," says Barbara Feinman Todd, who ghostwrote Hillary Clinton's 1996 best seller, It Takes a Village, among other books. Jenkins, meanwhile, recalls months of pumping...

Author: /time Magazine | Title: How Did Sarah Palin Write Her Memoir So Fast? | 10/7/2009 | See Source »

...impetus for all that extra work is, of course, money. Rush rates can bump up copyediting, proofreading and fact-checking costs by 50%, Culpepper explains. Which means the publisher has to calculate whether or not getting a book out quickly will drive up sales. In that sense, the decision to expedite Palin's memoir was a slam dunk, since the quick turnaround ensures that the book will hit shelves with just 38 shopping days until Christmas. "It's holiday time, which is the best, best time to sell a book," says HarperCollins' Andreadis. "We're thrilled...

Author: /time Magazine | Title: How Did Sarah Palin Write Her Memoir So Fast? | 10/7/2009 | See Source »

...fair. The fair is part of a broad effort to promote wine growth throughout the region, and even includes a tasting competition to determine what wines best complement traditional Asian dishes. Vintners and wine buffs, take note: with Asia rising, the flavors that please regional palettes could some day drive the decisions wineries make when growing, aging and blending their products. The West needs to face a sobering reality: Hong Kong is a new center of the world's wine trade, and it's here to stay...

Author: /time Magazine | Title: Vintage Wines Fetch Record Prices in Hong Kong | 10/7/2009 | See Source »

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