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At the same time, Toyota is losing ground in the vehicle-reliability race. Hyundai last year nudged past Toyota (excluding Lexus) in J.D. Power & Associates' initial-quality survey. GM has narrowed the gap with models like the Buick Century. Even the indomitable Camry has slipped, dropping from first place in...

Author: /time Magazine | Title: The New Dude on the Road | 4/18/2005 | See Source »

But like Toyota, which overcame consumer prejudice in part by inventing kaizen, a manufacturing process and corporate mantra translated as "continuous improvement," Hyundai has rapidly built up regard for its products through an almost fanatical attention to Getting It Right. Consumer Reports magazine recently named the Sonata the most reliable...

Author: /time Magazine | Title: Hyundai Revs Up | 4/18/2005 | See Source »

Probably the most popular of the write-offs are limited partnerships, which have proliferated as tax shelters since the late 1970s and early '80s. An orthodontist investing in a real estate venture, for example, can deduct from his taxable income a share of the venture's losses based on the...

Author: /time Magazine | Title: High Earners, Low Payers | 4/18/2005 | See Source »

By late August, less than three months after its initial report, the CDC knew of more than 100 cases of what was already being called the gay plague (despite the fact that at least six patients said they were heterosexuals and one was a woman). What they had in common...

Author: /time Magazine | Title: AIDS: A Growing Threat | 4/18/2005 | See Source »

Rarely, if ever, has a Government program grown so large only to face extinction in so short a time. Created in 1980, the Synthetic Fuels Corporation had a monstrous initial budget of $15 billion. At the time, some experts expected the price of imported oil to reach $60 per bbl...

Author: /time Magazine | Title: Shattered Hopes for Synfuels | 4/18/2005 | See Source »

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