Word: smarts
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Dates: during 2000-2009
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...into your driveway. In the U.S., a humbled General Motors just showed off one of its rare rays of light - the plug-in Volt, which GM says will get 230 miles per gallon when it hits roads in late 2010. Daimler is trialing an electric version of its baby Smart car and claims to get the equivalent of 300 m.p.g. In Japan this month, a confident Carlos Ghosn said that Nissan's upcoming, all-electric Leaf will get 367 m.p.g...
...range of a gasoline-powered engine, the first electric vehicles might feel like a letdown. Most Chinese drivers will be on their first cars, and won't have memories of Thunderbirds and Corvettes as they make their selection. An electric car, if priced well, might seem like a smart choice, especially as the cost of gas rises again. "The Chinese customer is just getting off a bike, so they're not worried about not being able to drive six hours without a recharge," says Philip Gott, a director for automotive consulting at research firm IHS Global Insight. "China...
Exceedingly smart move. Since the summer of 2005, house prices in Sacramento have plummeted by half. Choe and his family - which now includes a second son - watched from the sidelines until the end of last year. That's when the Choes moved back into a home of their own, a four-bedroom they plucked out of foreclosure at a 35% discount from what it had sold for two years earlier. (See pictures of Americans in their homes...
...upcoming season; and a simultaneous report that the government was taking some unprecedented steps to get a vaccine ready in time. But the fatality numbers are more complicated - and less alarming - than they seem; and the vaccine report is less a reason for alarm than a sign of smart epidemiological planning...
...property from the 31st floor of Lehman's New York City headquarters, his bond traders were downstairs shorting shares of mortgage brokers. Lawrence G. McDonald was one of those traders, and in his rendering of Lehman's demise--nimbly told with novelist Patrick Robinson--the bond traders are the smart guys, the real estate dealmakers are the bad guys, and the folks in charge are the idiots. What McDonald fails to note--even while illustrating it with an arrogant panache--is that Wall Street's egotism was hardly confined to Lehman's executive suite. This time it was mortgages; next...