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...London headquarters. His mission: to increase PAG's net income ninefold, from an estimated $250 million to $2.3 billion by 2006. Achieving that goal will be no lay-up. With the exception of Jaguar--up 12%--PAG's sales were anemic last year compared with those of BMW, Lexus and Mercedes-Benz, which sizzled with hot offerings. PAG's sales are up so far this year, but its British vehicles still lag in quality: in the most recent "initial quality" survey by J.D. Power and Associates, Jaguar ranked 19th, behind Chevrolet and Pontiac; and Land Rover, at 32nd, stood behind...

Author: /time Magazine | Title: Ford's Young Gun | 7/1/2002 | See Source »

...shows and spots viewers are skipping and which they're watching (since the technology can track one's TV habits), and they plan to use that knowledge to send ads, infomercials and special deals targeted to a household's income and interests. TiVo has sent its subscribers promos from Lexus and Best Buy, and this month they will get a trailer for the movie Mr. Deeds. Sound Big Brotherish? It doesn't seem to bother TiVo fans like John Harper. "If the commercial is entertaining enough," he says, "I'll watch...

Author: /time Magazine | Title: The Ad Zappers | 6/10/2002 | See Source »

While no one can honestly deny that blacks have suffered in the U.S.since its founding, slavery does not victimize present-day blacks. Geoffrey A. Starks ’02 admits as much in his op-ed (“Forty Acres and a Lexus,” April 15), saying that reparations would be targeted for “those in the black community who have remained cemented in the underclass,” and justifying reparations based on “on-going injustice.” Thus, he recognizes that many African-Americans today have become quite successful...

Author: By Jai L. Nair, | Title: Reparations Betray National Ideals | 4/22/2002 | See Source »

...community who have remained cemented in the underclass. More importantly, reparations would be paid through programs such as education, health care, job training and urban renewal. Individual African-Americans would not receive reparations payments in any form; black reparations is not about “forty acres and a Lexus,” it is about revitalizing, rejuvenating, and rebuilding the black community...

Author: By Geoffrey A. Starks, | Title: Forty Acres and a Lexus? | 4/15/2002 | See Source »

Consumers in their mid-50s to mid-60s spend 30% more on cars than any comparable group, and as the huge baby boom generation moves into that age bracket, carmakers are naturally catering to their latest tastes. Says Steve Barnes, 68, of Atlanta, owner of a snazzy Lexus SC 430: "I've been through the minivans and SUVs, and I was looking for a fun experience...

Author: /time Magazine | Title: Going Topless | 4/1/2002 | See Source »

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