Word: koreans
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...South Korean automakers are coming on strong. Kia is about to up its market share for the 15th consecutive year, and the combined sales of Hyundai and Kia increased 26% in September even as industry sales overall softened after the cash-for-clunkers program ended. They also are two of three brands reporting a sales increase through the first three quarters of 2009 - Hyundai's sales are up 1.3% while Kia's have increased 4.6%. The South Koreans have gained more market share than any other automaker this year, and their combined market share is now closing in on that...
...think Hyundai has gotten a lot of mileage out of the warranty. I consistently prefer the Kia models, but the Hyundai warranty is hard to resist," says Rebecca Lindland of IHS Global Insight. Another telltale sign of the growing popularity of the South Korean brands: Internet screen views of Kia products have increased 283% year over year, the largest of any mainstream brand, according to a study by AutoTrader.com. Views of Hyundai vehicles also increased substantially. (See pictures of the best-selling cars in China...
Missile defense continues to ebb and flow with the perceptions of nuclear threat. Since 2002, the Pentagon has pumped more than $60 billion into new antimissile missiles now on guard against North Korean launches in the Pacific. But the system--likened to hitting a bullet with a bullet--too often fails what are essentially open-book tests. That it could annihilate an actual warhead is still an article of faith...
...hands of either separatist groups or local tribes, some of which have a habit of kidnapping foreign tourists to use as bargaining chips in disputes with the central government. Such hostages were rarely harmed until this June, when nine foreigners were kidnapped - including two German women and a South Korean woman whose mutilated bodies were later discovered by shepherds. After the attack, the government effectively stopped granting permission to foreigners - including journalists - to travel anywhere but the capital, Sana'a, and the coastal region around the port city of Aden. (See pictures of conflict in Yemen...
Under the original terms of the agreement, what Dominguez described as a “series of locking clauses” stipulated that the funds could only be used to endow a senior faculty member’s position in Korean studies at Harvard...