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...designed to cut costs in the fantastically expensive sport by at least 30%. The drivers and cars that pull away in the opening Grand Prix in Australia on March 29 will have to make do with fewer engines to get them through the season, cope with a lower limit on engine revs and learn how to handle cars that have undergone fewer hours of wind-tunnel testing than last year's. But the new rules won't just show up on the track. For thousands of high-tech suppliers like Xtrac, many of them clustered around Oxford in southern England...

Author: /time Magazine | Title: Formula One: Behind the Wheels | 3/25/2009 | See Source »

Aerodynamics New regulations reduce downforce in order to limit its role in a car's performance and make it easier for drivers to overtake...

Author: /time Magazine | Title: Formula One: Behind the Wheels | 3/25/2009 | See Source »

...Tata Motors' efforts to pioneer cost-saving business processes during the Nano's development could translate into a healthier bottom line down the road. One of these innovations is "distributed manufacturing." Instead of investing in expensive factories and hiring additional workers as sales volumes increase, Tata Motors plans to limit Nano production at its central plant to 500,000 cars every year. Beyond that, it will use satellite plants to build the car's components and distribute these in Nano "kits" to independent entrepreneurs - trained and monitored by Tata Motors - for final assembly and distribution. "They will become our dealers...

Author: /time Magazine | Title: The World's Cheapest Car Debuts in India | 3/23/2009 | See Source »

...plethora of legally questionable bills caps a messy week of finger pointing as all of Washington tries to harness public anger, score political points and figure out how AIG managed to grant the bonuses even after all the legislation Congress has passed to limit compensation to executives of the companies taxpayers have spent trillions of dollars bailing out. The GOP blamed Democratic ineptitude in the rush to pass too many bailouts; Democrats and Republicans alike said the Treasury Secretary Geithner has been asleep at the wheel; and the Obama Administration tried to refocus attention on the consensus point that Wall...

Author: /time Magazine | Title: The AIG Backlash: Has Congress Flipped Out? | 3/20/2009 | See Source »

...while Gates may want to limit the U.S. footprint in Afghanistan, the math is working against him, at least in the short term. The additional 17,000 American troops slated to arrive there this year will boost the U.S. force there to about 55,000 troops, even as contingents from Canada and the Netherlands withdraw, giving Washington an even bigger stake in the fighting...

Author: /time Magazine | Title: Can Afghanistan Support a Beefed Up Military? | 3/20/2009 | See Source »

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