Word: rovere
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...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 its own rough patch in the 1990s after the disastrous acquisition of Britain's Rover Group, but its fortunes have changed markedly since it ditched Rover in 2000. Production has increased steadily, and profits are buoyant. Pretax earnings last year rose 25%, to $5.5 billion, despite the soaring cost of raw materials and the strong euro. It has easily outpaced its historic rival, Mercedes (part...
...series cars accounting for the vast majority of sales--to one with 11 model families grouped in three distinct brands, BMW, Mini and Rolls-Royce. Three new model families are in the works, including a luxury sports car. The Mini, a remnant of the otherwise disastrous 1994 Rover acquisition, has far exceeded all expectations, and BMW is expanding its production capacity in Britain. The company had anticipated selling about 100,000 Minis by 2005. In fact, it sold double that number, and production will hit 240,000 this year. Rolls-Royce won't sell nearly that amount, but it makes...
...didn't want to go through all that driving school-I've been busy. I've been driving around in my mom's car. She's got a Hyundai. It's about three or four years old. I got me a little something- I bought myself a Range Rover. I'm really looking forward to that-it just hasn't gotten home...
...drizzly afternoon, Constable Neill Simpson makes his rounds in an armored Land Rover through North Belfast, one of the few districts where it's still too dangerous for routine foot patrols. His first visit is to Jim Potts, a unionist community official. A tall green "peace fence" winds between the streets, separating unionist Glenbryn from nationalist Ardoyne. Potts tells Simpson about a small riot over the weekend involving 40 or 50 people from each side of the fence. In times past, such altercations might have had deadly consequences. Potts himself was charged with fighting during a high-profile 2001 protest...
...drizzly afternoon, Constable Neill Simpson makes his rounds in an armored Land Rover through North Belfast, one of the few districts where it's still too dangerous for routine foot patrols. His first visit is to Jim Potts, a unionist community official. A tall green "peace fence" winds between the streets, separating unionist Glenbryn from nationalist Ardoyne. Potts tells Simpson about a small riot over the weekend involving 40 or 50 people from each side of the fence. In times past, such altercations might have had deadly consequences. Potts himself was charged with making an affray at high-profile...