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...very significant decline compared to 2007. We are preparing ourselves for a couple of very tough years, not only in the U.S., but particularly in the U.S. The only good news that may come will come from emerging markets, because the number of cars per inhabitants is very, very low. There are 50 cars per 1000 inhabitants in China... compare that to 600 per 1000 on average in most Western countries and 800 in the U.S., and you know that there is demand coming...

Author: /time Magazine | Title: Nissan's CEO on the Auto Industry's Woes | 11/19/2008 | See Source »

...falling gas prices going to hurt interest in electric cars? I don't think so. I don't think that anybody thinks this [low gas prices] is going to last. Today we are in a recession, so oil prices are going to go down. We have to imagine the future when we make investments. You also have an environmental concern that is independent of oil price concerns...

Author: /time Magazine | Title: Nissan's CEO on the Auto Industry's Woes | 11/19/2008 | See Source »

...last years, but 6 or 7% growth, at least. We think South America is going to come back. Brazil is suffering now, but it has long-term potential. Russia, too. I come back to fundamentals. The number of cars per inhabitants in these countries is very, very low. Even if you are going to have a disruption in the rate of growth, there is fundamental demand, which is very strong. I think in emerging markets, the car is still the aspirational object that people most want to buy. It symbolizes change in our lives...

Author: /time Magazine | Title: Nissan's CEO on the Auto Industry's Woes | 11/19/2008 | See Source »

...youth sex-education website Scarleteen.com, dozens of teenage girls can be found commiserating about their labia. "i REALLY h8 mine! They hang really REALLY low and r SO long!" reads one comment. Meanwhile, on MakeMeHeal.com, a consumer site that sells special bras and other gear for women recovering from plastic surgery, women of all ages submit photos of their nether regions and ask for feedback on whether they should get nipped and tucked down there. Welcome to the strange new world of female genital cosmetic surgery, where body insecurity issues are fueling a small but growing Western market for such...

Author: /time Magazine | Title: Plastic Surgery Below the Belt | 11/19/2008 | See Source »

...appears to be at its most fragmented. "He's been criticized strongly in the past for not allowing free discussion. This is a great way to answer that criticism," Barnett says. He thinks the likelihood of the more radical voices gaining the upper hand in the discussions is low. "They are a minority among the exile community and they are a tiny majority among ordinary Tibetans living in China, the vast majority of whom will support whatever the Dalai Lama decides." In fact, reports indicate that the process of smoothing over divisions is already beginning to happen. "The exiles...

Author: /time Magazine | Title: China Watches as Tibetan Talks Begin | 11/18/2008 | See Source »

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