Word: rovers
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While Panasonic sold five times as many ruggeds as semi-ruggeds a few years ago, now it's selling about equal amounts of the two. There's no doubt a bit of tech machismo is at work: ruggedized laptops exude the same cool as a Land Rover in a suburban driveway or Timberland boots at a backyard barbecue...
American playwright David Mamet once described the Aga as "the best of things British," and, together with the old Rolex Explorer and the Land Rover, as among those things that are "perfect-of-their-kind." This may seem extravagant praise for a cast-iron stove that has not changed in appearance since it was designed 70 years ago. But Aga owners, who number some 500,000 worldwide, tend to even greater eulogies when it comes to their "stove-oven-cooktop-heater," as Mamet styled it. "The Aga is part of the family. It's the heart of my home," says...
...picture of a naked, napalmed girl running down a Vietnamese road, or a bloodied American being dragged through the streets of Mogadishu. Last Friday afternoon, in the Piazza Alimonda in Genoa, Italy, a photographer caught a young man getting ready to hurl a fire extinguisher at a police Land Rover trapped against a wall. Inside the van, a police officer can be seen aiming a pistol at the demonstrator. One, possibly two shots were fired; Carlo Giuliani, 23, the son of a labor union official from Rome, fell, bleeding through his ski mask from a wound to the head...
...financial community reacted with skepticism last May when, after six years of losses totalling $1.24 billion, BMW sold the British automaker Rover to four businessmen. Even the new owner's chosen name - the Phoenix Consortium - seemed little more than wishful thinking for a company that hadn't turned a profit since 1994. But now the trimmed-down, reconfigured Rover is about to announce some surprising financial details: losses were cut to $424 million in the last fiscal year, and management expects to halve them this year en route to breaking even in 2002. Finally, some grudging respect is coming Phoenix...
What's special about BMW is its management depth and persistence. Two years ago, the company floundered when its attempt to get big--the 1994 takeover of Britain's Rover--went awry. That cost the company $3.9 billion and prompted a flurry of talk that BMW would be bought by Ford or GM or Toyota. But since Milberg emerged as chairman in 1999, the company has stayed ahead of the luxury pack. Although most of its 21 factories are in Europe, BMW built a new plant in Spartanburg, S.C., which now exports the company's popular...