Word: motorization
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Finally, there are those who give selflessly, take guiltlessly, listen eagerly, talk frankly and maintain themselves well enough to keep your motor revving. Marry them...
Fifteen years ago there wasn't much that could be done about cerebral palsy, a disorder caused by damage to the motor centers of the brain. But pediatric medicine has come a long way since then, both in intervention before birth, with better prenatal care and various techniques to postpone delivery, and surgical interventions after birth to correct physical deficiencies. So although the incidence of cerebral palsy seems to be increasing (because the odds of preemies surviving are so much better), so too are the number of success stories...
...Motor yachts and sailboats made by Beneteau have kept moving even through the low tide of recession. The 118-year-old family-run French boatmaker expects net profit to grow nearly 3%, past $50 million in fiscal 2002. That's attributable to more efficient production and design, a varied product line that sells even during tough times, and the leadership of Roux, 59, who has kept Beneteau on course since she and her late brother took the helm...
...they kidding? Not a bit. Volkswagen has spent nearly $900 million developing the new car, which is called the Phaeton and will be officially unveiled at the Geneva motor show next month. The brainchild of VW CEO Ferdinand Piëch, the Phaeton represents the company's latest attempt to move the brand up-market away from commodity car-making and into the profit zone long dominated by Mercedes and BMW. But it's a huge gamble for a company whose very name means People's Car. "The question is, will a customer want to pay that amount of money...
Maybe, but it's the kind of risk that Piëch has relished since taking over as VW's top executive in 1993. Piëch has motor fuel in his blood as the grandson of Ferdinand Porsche, who founded the legendary sports-car company. Under Piëch's command, VW has become Europe's biggest carmaker and fourth-largest in the world in terms of autos sold. He has expanded its car business by successfully integrating new brands such as SEAT and Skoda. And Piëch has added some boutique carmakers like Lamborghini and Bugatti...