Word: hyundais
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...year's market), Apple (which had 8%), Tandy (5%) and Compaq (3%). The remaining 58% of the world market has been carved up by about 150 other firms, including AT& T, Zenith and Commodore in the U.S., Japanese firms like NEC and Toshiba and South Korea's Daewoo and Hyundai. Although the growth of IBM's sales has been inhibited by the hordes of competitors, Apple, Tandy and Compaq have seen sales, earnings or stock prices surge in recent weeks...
...first month or two of driving. They say you'll set the valves wrong and screw up your engine if you do. While I don't know much about cars and know even less about who "they" are, I followed this advice last year when taking my new Hyundai out for a spin...
...opposite end of the price scale, South Korea's Hyundai Excel has made a dazzling debut. The $4,995 subcompact has sold more than 130,000 units so far in 1986, a record for an imported auto's first year. Much less ; successful was the invasion of Yugoslavia's Yugo, a remodeled Fiat that sells for $3,990 and is billed as the cheapest new car in the U.S. The monthly Consumer Reports urged its readers to buy a good used car instead. So far in 1986, fewer than 28,000 Yugos have been sold...
...country better illustrates the increasingly intimate relations between U.S. and foreign carmakers than South Korea, where autoworkers earning $2.50 an hour (vs. about $15 in Japan and $25 in the U.S.) benefit from a production boom largely of foreign inspiration. Daewoo, the nation's second largest automaker after Hyundai, is preparing to ship next year as many as 100,000 units annually of a new GM subcompact known as LeMans, to be sold through Pontiac. Daewoo is 50% owned by GM. Ford owns 10% of Kia, South Korea's third largest auto manufacturer...
...Sellers of such big-ticket items as autos, appliances and jewelry are likely to enjoy a boomlet as consumers hurry to buy before January. Scott Rielly, 28, a Framingham, Mass., real estate appraiser with a wife and two children, spent $14,000 last month on two new cars -- a Hyundai and a Mitsubishi -- at least partly so that he could write off the $700 sales tax. Rita and Dan Houlihan, a Chicago couple, have the same strategy in mind because of 8% state and city sales taxes. Says Rita: "On a $14,000 car, we're talking...