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...markets in Asia and elsewhere, but also struggle with unrelenting cost pressures at home. The big surprise came at VW. Bernd Pischetsrieder had just signed a new contract in May and was in the middle of a huge cost-cutting program. He resigned after falling out with Ferdinand Piëch, who is both chairman of VW and a key shareholder. Pischetsrieder, 58, was replaced by the head of Audi, Martin Winterkorn, 59, a Piëch loyalist. VW's financial prospects have brightened in recent months, and investors and industry officials fretted that Pischetrieder's exit could jeopardize...

Author: /time Magazine | Title: In—And Out—Of The Driver's Seat | 11/12/2006 | See Source »

...hinterland. VW's unions, also powerful, recently agreed to extend the workweek--to 35 hours for factory workers, up from 28.8 hours. In return VW promised to keep production of the next-generation Golf in Germany. "Such deals rob VW of the flexibility you need in this business," says Ferdinand Dudenhöffer, a German auto-industry expert...

Author: /time Magazine | Title: How VW Can Get Hot Again | 10/22/2006 | See Source »

...gleeful trance of an ecstatic clubber than a toddler's sway. So far so good then - although admittedly our reviewer had just that morning responded in the same way to the washing machine on spin cycle. tom Age: 5 "I like the one about eating cakes best." Franz Ferdinand's Jackie Jackson, a cautionary tale about a gluttonous boy, is Tom's favorite. He also liked the Barcelona Pavilion's tidying-up song. "I put on Tidy Up Tidy Up when I clean my room, and Franz Ferdinand when eating cakes," says Tom. "I like my CD, all my other...

Author: /time Magazine | Title: Too Cool For School | 10/17/2006 | See Source »

...soft coup," it's being called. While smiling Thais handed flowers to soldiers, their Asian neighbors had more somber anniversaries to consider. Eighteen years to the day before the Thai coup, Burmese soldiers shot dead hundreds of prodemocracy protesters in Rangoon; 16 years before that, late dictator Ferdinand Marcos put the Philippines under martial law; and another seven years earlier, a general called Suharto seized power in Indonesia. Burmese and Filipinos, in particular, know what it's like to have tanks on their streets. Why, then, do so many of them support the Thai military's overthrow of Thaksin Shinawatra...

Author: /time Magazine | Title: Dictators' Delight | 10/2/2006 | See Source »

...That was not an option that Chrisitianity granted to Islam when the roles were reversed in Southern Europe. The best-known forced conversion of Manuel?s century or any since was not executed by Muslims, but by the Spanish Christian monarchs Ferdinand and Isabella, who served Spanish Moors (and Jews) a convert-or-leave edict in 1492 and then backed it up with the Spanish Inquisition...

Author: /time Magazine | Title: A Forced Argument on Forced Conversions | 9/16/2006 | See Source »

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