Word: mercedeses
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The new BMW is in some ways symbolic of the resurgent German economy. For more than a decade, exorbitant labor costs, unbending union rules and an addiction to red tape--not to mention the high price of unification with East Germany--put Germany into an economic straitjacket. BMW went through...
Neither Germany nor BMW is yet in the clear. The changes brought about by corporate bosses and government policymakers have had an evident impact--BMW alone has whacked $1.2 billion from its cost structure over the past three years--but it'll be hard to sustain that pace. Global competition...
Reithofer pooh-poohs the pessimists. "Size and success have got nothing to do with one another," he says. BMW's rapid sales expansion in the past few years provides some economies of scale, he says. He points out that the firm is also pooling its resources with other manufacturers, developing...
Just before 2 a.m. on June 29, police discovered a metallic green Mercedes filled with containers of fuel, cylinders of gas and a pile of nails outside the Tiger Tiger nightclub in London. About the same time, parking authorities discovered a blue Mercedes containing a similar cocktail of matériel...
Police believe the cars used in Friday's attempted attack on London's West End had been driven to the capital from Scotland. At least one of the Mercedes was logged last Wednesday on its journey south on the national Automatic Number Plate Recognition System, a network of hi-tech...