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...Detroit's strategy of focusing on its profitable lines working? Neither GM nor Chrysler is profitable yet. Going forward, however, both companies' recovery plans call for concentrating on vehicles that promise an adequate return. They will continue to focus on their profitable lines, such as Chrysler's minivans and GM's pickup trucks. But both GM and Chrysler will be adding new, small cars to their lines by 2011, as they say they will make a profit on those vehicles with rising gasoline prices...

Author: /time Magazine | Title: How Bad Are Auto Sales? 10 Questions and Answers | 7/6/2009 | See Source »

...Hyundai's ad line - You can return your car to us if you lose your job - still moving cars? Yes. The Korean brands, Hyundai and Kia, have gained market share this year at the expense of their American, Japanese and European rivals. Both Hyundai and Kia were outperforming the industry through May. "Hyundai's share is up over 2 percentage points over the first half of '08, which is a massive undertaking in a very volatile market. We do continue to see them in a position to go after additional share, but it will be a more difficult environment...

Author: /time Magazine | Title: How Bad Are Auto Sales? 10 Questions and Answers | 7/6/2009 | See Source »

...Soldiers firing automatic rifles at the crowd of protesters, killing at least one person, was the bloody peak of a day that mixed the tragic with the surreal as ousted Honduran President Manuel Zelaya tried to make a glorious return to his homeland. Exactly a week after being flown out of the country at gunpoint, Zelaya called the bluff of the coup leaders and attempted to fly into Tegucigalpa in a small Venezuelan jet to the cheers of his followers. It could have been a spectacular homecoming for the history books. But after unleashing their M-16s on the protesters...

Author: /time Magazine | Title: Police Open Fire on Protesters in Honduras | 7/6/2009 | See Source »

...Stetson-wearing leftist Zelaya and his silver-haired nemesis, Roberto Micheletti, Honduras' de facto President. Claiming that Zelaya had resigned, Micheletti was sworn into office hours after the elected President was flown to Costa Rica in his pajamas. Denying that he had stepped down, Zelaya said he would return to take power - to which Micheletti promised he would be arrested for treason. The ousted President said he would return home anyway, along with several other Latin American Presidents who have condemned the coup. Micheletti retorted that their plane would not be allowed to land. And then in the final...

Author: /time Magazine | Title: Police Open Fire on Protesters in Honduras | 7/6/2009 | See Source »

...Adding to the drama, Zelaya gave a live interview with Latin American network Telesur as he flew over the scene, making comments that veered from the impassioned to the reckless. "What we see is a return of the right in Latin America - a more reactionary right, more prone to killing, more fascist than in the past," he said of the shooting. "I'm doing everything I can. If I had a parachute, I would immediately jump out of this plane." Afterward, stranded in El Salvador, he promised to continue his struggle but did not reveal what his next move would...

Author: /time Magazine | Title: Police Open Fire on Protesters in Honduras | 7/6/2009 | See Source »

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