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...Hyundai name to be top of mind when Americans talk new cars. So the company is aiming for a greater swath of the market with seven new or redesigned vehicles, including the Accent ($9,999) and the refreshed 2006 Sonata (some made in Alabama), the firm's standard-bearer sedan. Hyundai is also going upmarket with the 265-h.p. Azera, which will target the Maxima/Avalon crowd in November...

Author: /time Magazine | Title: Manufacturing: Smooth Rides | 6/20/2005 | See Source »

Chung Mong Koo, Chairman of South Korea's Hyundai Motor, carefully scrutinizes a newly designed gearshift lever for the automaker's Sonata sedan while his entire senior-management team hovers around, anxiously awaiting his approval. The execs are justifiably edgy. Engineers added a plastic plate beneath the shifter to prevent spilled coffee and other flotsam from falling into the mechanism and gumming...

Author: /time Magazine | Title: Hyundai Grows Up | 6/20/2005 | See Source »

...consistency, and his ability to be successful in his cavalier style of foreign policy, has not yet come. During his visit to Moscow on Sunday, Bush and Putin were strictly convivial, with the Russian president letting his American colleague take his prized 1956 Volga GAZ-21 sedan for a spin around the presidential compound. As Bush’s apparent hard line on Russian democracy appeared to dissolve into simply a difference in interpretation of history, Bush-watchers were left with important questions: Is the president really as serious about spreading democracy as he claims to be? Will he apply...

Author: By Adam Goldenberg, | Title: Cowboy Diplomacy | 5/13/2005 | See Source »

...Chung is determined to keep the pressure on. He's moving Hyundai's product line away from its traditional small cars into larger, higher-profit vehicles. In October, Hyundai unveiled a small sport-utility vehicle, the Tucson, and later this year, the company will launch a new high-end sedan for the U.S. market, the Azera. Down the road Hyundai plans to roll out a larger SUV and its first hybrid gas-electric vehicle. In addition, the company is opening manufacturing plants around the world that should help it penetrate key markets. Hyundai is investing $600 million in a factory...

Author: /time Magazine | Title: Hyundai Revs Up | 4/18/2005 | See Source »

...visiting dignitaries did step out from time to time. Nicaraguan President Daniel Ortega Saavedra, shod in Adidas, alighted from his silver sedan to jog in Central Park. He also stopped at Cohen's Fashion Optical to buy, using a credit card, $3,000 worth of eyeglasses for himself and his family. Zaïrian President Mobutu Sese Seko rented two Amtrak club cars loaded with caviar and champagne to take his entourage of 50 people to Washington and back (cost: $9,800). Outside the U.N., West German Chancellor Helmut Kohl had to be snatched from the path of an onrushing...

Author: /time Magazine | Title: A Global Family Album | 4/18/2005 | See Source »

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