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...want to solve one of the central mysteries of today's auto business, consider this tale of two cars: the Ford Taurus, built at plants in Atlanta and Chicago, and the Nissan Altima, made in Smyrna, Tenn. Neither vehicle is fancy; they're mainstream sedans for buyers on a budget. Both sell well. But when you talk about profit, the Taurus wobbles off the road. Ford must entice Taurus buyers with rebate offers and financing deals that slice 13%, or roughly $3,000, off the sticker price. After allowing for dealer profits, that leaves a negative return for Ford...

Author: /time Magazine | Title: Motor Trends: Why The Most Profitable Cars Made in the U.S.A. are Japanese and German | 5/19/2003 | See Source »

...Hassan Mussawi, began talking about his party. Asked asked about reports that his forces are looting the local people, he responded, "People who accuse us of looting are extremists who are against national unity." The best answer he can come up with when asked about the seven late model Nissan's and a very new looking Mercedes in the courtyard is, "This is what the people give us to fight Saddam." When asked if the U.S. supplies the vast quantities of food his men have on hand he says, "We are self financing, the people give us what we need...

Author: /time Magazine | Title: We Are Making Our First Wrong Turn In Iraq | 4/11/2003 | See Source »

...roads out of Erbil to the north and west were filled with cars jammed to the gills, pickups loaded high. The family of Michael Ibrahim was stuffed into an Opel Vectra (11 people) and a beat up Nissan pickup (five in front, five small children perched on top of a mountain of the family's possessions tied down with yellow nylon rope in the back). A baby cradle was tied to the top of the truck. They were leaving Erbil and heading to the Duhok area. "We're afraid of [the Iraqis] using chemical weapons," he said. They were leaving...

Author: /time Magazine | Title: The War and Kurdistan | 3/20/2003 | See Source »

...recent economic slump and the new era of 0% financing, buyers were willing to pay a premium for autos that aren't very difficult to build. "Take a normal sedan or truck, and just whoosh--blow some air into it--and add a little dimension off the ground," says Nissan's Hirshberg, who designed the Pathfinder. Manufacturers generally make 15% to 20% in profit on an SUV, compared with only 3% or less on a car, according to Michael Flynn, director of the University of Michigan Office for the Study of Automotive Transportation...

Author: /time Magazine | Title: Why The SUV Is All The Rage | 2/24/2003 | See Source »

Chevrolet Blazer 2WD Over 40% Chevrolet Blazer 4WD 30% to 40% Jeep Liberty 30% to 40% Jeep Grand Cherokee 30% to 40% Nissan Pathfinder...

Author: /time Magazine | Title: The Track Record | 2/24/2003 | See Source »

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