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...enough that Khamenei is fighting with the man he backed for President, but what really keeps the Supreme Leader awake at night is Khomeini's ghost. In the West, many fall back on the easy assumption that the demonstrations protesting the June 12 election expressed a desire for liberal democratic reform. While there may be some truth to that, the opposition leaders - the candidates who lost the June 12 election - are fighting for something else: the mantle of the 1979 revolution. They believe they are the true inheritors of Khomeini's legacy. They call themselves the followers of Beit...

Author: /time Magazine | Title: Iran's Leaders Battle Over Khomeini's Legacy | 7/28/2009 | See Source »

Rolls-Royce will start hand-building the cars at its south England plant in September, with the first deliveries scheduled to go out in early January. The company says it expects to sell about 2,000 Ghosts annually, although Purves says that may not happen until after the recession is over. "It's not at all a frothy environment [right now]," he admits. But analysts say the sales figure is a realistic goal. John Wormald, managing partner of the British automotive consultant Autopolis, says sales of the Ghost could eventually reach 5,000 a year...

Author: /time Magazine | Title: Rolls-Royce Unveils a Recession-Ready Limousine | 7/27/2009 | See Source »

Although the Ghost is being marketed as a downsized luxury car, a Rolls-Royce is still a Rolls-Royce. The new model is chock-full of exquisite details, from its soft leather seats to the wood-veneer finish of its Art Deco-inspired dashboard. The Ghost also boasts a 6.6-L V12 engine capable of top speeds of 155 m.p.h., but it still promises to provide a silky-smooth, ultra-quiet ride. (See the most important cars of all time...

Author: /time Magazine | Title: Rolls-Royce Unveils a Recession-Ready Limousine | 7/27/2009 | See Source »

...Rolls-Royce offer this kind of luxury at such a relatively cut-rate price? One place the company saved money is in the electrical and safety systems, which Rolls-Royce borrowed from its parent company, BMW. The Ghost also has a steel frame, unlike the Phantom's aluminum skeleton, making it less expensive to manufacture, although also less adaptable to customization. (Read TIME's 2007 story "Rolls-Royce: Rolling in Dough...

Author: /time Magazine | Title: Rolls-Royce Unveils a Recession-Ready Limousine | 7/27/2009 | See Source »

That it's not a fully bespoke limo may turn off some customers, Newton says. "There is a risk of losing that exclusivity," he says. Perhaps. But some 1,200 potential buyers have already expressed "strong interest" in the Ghost, according to the company. About 85% of those people would be first-time customers, which indicates that the company is indeed mining new territory, since typically 37% of Rolls-Royce buyers already own one of the cars - or more...

Author: /time Magazine | Title: Rolls-Royce Unveils a Recession-Ready Limousine | 7/27/2009 | See Source »

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