Word: motores
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...time to reconsider. Since 1999, the Hyundai Motor Corp. and its subsidiary, Kia Motors, have racked up sales increases of an astonishing 70%. In June, when the Big Three U.S. automakers saw their collective sales shrink 4%, Hyundai's rose 37%. The stylish new Santa Fe SUV is in such demand that there's up to a two-month wait for delivery. Both the Santa Fe and the Toyota Corolla-sized Elantra recently won top marks for front-end crash results from the Insurance Institute for Highway Safety, beating rivals like Toyota's RAV 4 and Ford's Escape. Consumer...
...subsided in the '90s, the company's managers started plowing money into manufacturing technology. Hyundai invested in design centers in California, Michigan, Germany and Japan. And, like other big automakers, Hyundai began to integrate its suppliers into the manufacturing process, which drove down costs--and mistakes. Last year Hyundai Motor all but cut ties to its eponymic parent, Korea's largest industrial conglomerate, which like many of its counterparts is mired in a web of debt and bad investments...
...fact, it was petrol - rationed and costly in late-'50s England - that motivated the old British Motor Corp. (BMC) to develop the first Mini. Its popularity among the minor royals and pop stars in Swinging '60s London gave the Mini cachet; at its peak it was among Britain's best-selling cars. "It was classy because it was classless, stylish because it wasn't styled," says Brian...
...Increase in motor-vehicle theft, according...
Once upon a bubble, a couple of high school buddies, smooth Kaleil and nerdy Tom, started a business called govWorks.com Their good idea was to end infuriating lines at places like the motor-vehicle offices by letting us pay routine fines and fees via the Internet. The company attracted giddy amounts of venture capital, employed 200 people at its height and went belly up inside of two years. This gripping documentary doesn't exactly say what went wrong, but the pain and puzzlement of its principals as things inexorably fall apart is palpable and saddening...