Word: jaguar
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...Jaguar Cars, one of Britain's most iconic - and troubled - automotive brands was on the block. The Ford Motor Co. and General Motors Corp., Detroit's two biggest heavyweight players in the industry, both wanted what resembled a dented, but potentially valuable, possession. Ford won the ensuing bidding war, paying $2.5 billion for the coveted car brand. Accelerate ahead 11 years to 2000, and Ford again had its checkbook out, paying $2.7 billion for Land Rover, another luxury British carmaker that had run into some rough road. It also invested many billions more trying to turn both companies around, mainly...
...works for months - and is about half the price Ford paid for them in the first place. Analysts say Tata's scored a bargain-basement price for Land Rover alone, since it is already a profitable brand (Ford doesn't break out financial figures for individual units). Jaguar, however, continues to lose money and its sales remain in free fall. Despite hitting a high-water mark of 130,000 sales in 2004 - which Ford felt could eventually rise to 300,000 - Jag's sales slid to 60,500 by 2007 and they're continuing to fall. But it should have...
...Critics claim that Ford's biggest mistake was introducing a low-cost X series that buyers shunned for essentially being too Ford-like. "They tried to make Jaguar a full-line BMW on the cheap," Nagley says, but the public wasn't interested in "pale imitations with appalling style." At Land Rover, however, it got the product mix right and sales increased - they jumped 18% last year to 226,400. So why is Ford also unloading Land Rover? "I think they're desperate for cash. It's not a good thing when a company sells off a profitable unit," says...
...when it comes to saving wild animals, what really sets Rabinowitz apart is his patience. Like a roving international diplomat, the wildlife biologist has tirelessly lobbied foreign governments to set aside land to protect endangered species - especially big cats like jaguars, mountain lions and tigers, whose numbers in the wild dwindle every year. Starting in Belize in 1984, when he talked the government into creating the world's first ever jaguar preserve, Rabinowitz has emerged as the global spokesman for big cats, a scientist willing to talk to anyone, at any time, in the service of animals. His mentor...
...Sanctuary in Tennessee. In 2004 a gorilla at the Dallas Zoo went on a rampage, injuring four people. A white tiger critically hurt illusionist Roy Horn, half of the performing duo Siegfried & Roy, at the Mirage Hotel-Casino in Las Vegas in 2003. More recently, in February 2007, a jaguar at the Denver Zoo killed a keeper. Despite these, among other dramatic attacks, some people wonder why they don't happen more often. Salmoni suggests it's because animals are actually "very forgiving," and that the stories we hear are the exceptions. So, are those exceptions evidence that animals bear...