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...alone. While regular beer sales are slumping in Western Europe - down almost 2% between 2003 and 2008 - nonalcoholic beer is quickly gaining popularity. According to research firm Euromonitor International, Europeans drank more than 138 million gallons (525 million liters) of the stuff in 2008. That's just a drop in Europe's 15 billion-gallon (56 billion liter) beer market, but it's growing fast. In the five years to 2008, sales in Europe climbed 50%, and are now worth $2.5 billion a year. And it's not just Europeans who are guzzling nonalcoholic beer - defined as containing less than...

Author: /time Magazine | Title: A Lighter Brew: Nonalcoholic Beer | 8/3/2009 | See Source »

...Perhaps most important, Fiat gives Chrysler access to up-to-date small engines, says Jim Hall of 2953 Analytics in Birmingham, Mich., which keeps tabs on technical developments in the automotive business. The technology package from Fiat might include an experimental two-cylinder engine of less than 1-liter displacement, which has more than enough horsepower to drive a small car, says Hall. The engine is about half the size of the smallest engines now sold...

Author: /time Magazine | Title: What Fiat Could Do for Chrysler (and Vice Versa) | 6/19/2009 | See Source »

...Apparently, they're back on track. According to the Edmunds.com review, the new model of Chrysler's top van is "a bona-fide contender for the Best-in-Class sash." Which sounds good - but would the sash count under "receivables" in bankruptcy court? The 4-liter T & C is virtually identical to the Odyssey in fuel efficiency and emissions, which means I could pick up $3,500 for buying one. (See the most important cars of all time...

Author: /time Magazine | Title: My $4,500 Lemon: Taking the Feds Up on Cash For Clunkers | 5/8/2009 | See Source »

...compound. Identified as 53-year-old John Yeattaw, he was arrested on the long swim back to the other shore on the morning of May 6. The man was found with, among other things, an American passport, U.S. dollars, a pair of pliers, a camera and a five-liter water bottle that would have came in handy as a float, according to the government-run media. (See pictures of Cyclone Nargis' devastation in Burma here...

Author: /time Magazine | Title: Burma's Most Famous Political Prisoner Gets a Surprise Visitor | 5/8/2009 | See Source »

...January at least, China was the world's largest car market. "The tax reduction was an obvious help to our sales," says a sales manager surnamed Feng at the biggest Hyundai dealer in Beijing. "Since the new policy started, sales of our three models with 1.6 liter engines or below have gone up by 30% compared to the same period last year...

Author: /time Magazine | Title: China's Auto Bailout Takes a Different Route | 3/1/2009 | See Source »

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