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Dates: during 2000-2009
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...that still doable? We said we wanted to be the most successful premium car company in the world. Many people interpret this as meaning we want to sell the most cars. To us, success is defined more broadly than that. Worldwide, we broke through the 1 million mark [in total sales] for the first time last year, which places us in a very strong No. 3 position globally [behind BMW and Mercedes]. But we want to be the most successful luxury brand on a basis of brand image, on a basis of reputation and ownership experience...
...Many carmakers and governmental officials are focusing on electric cars and plug-in hybrids as the future of the industry. What's your take on that? Hybrid technology has been around for how many years now? Yet its percentage of total vehicle sales is around 3%. It takes a very long time for these technologies to make inroads. We laud the Obama Administration's objective of wanting to get us to a point where we have lower emissions and lower fuel consumption. What we are less comfortable with is that they want to pick technology. Let the guys who actually...
...Although theme parks made up less than a third of Disney's total revenue of $38 billion last year, Shanghai Disneyland still figures to be a key addition to the business because it will boost the company's visibility in one of the world's fastest-growing markets. Due to government rules aimed at protecting the public from what are perceived to be unwelcome foreign cultural influences, awareness of the Disney brand in China lags that of the rest of the world. Unlike in the U.S., where Disney operates a 24-hour TV channel and radio station, the company...
...race and endorsed Owens. National Democratic officials and leftist pundits are arguing that even if Hoffman wins the race and keeps the seat in Republican hands, it will show that the GOP is hopelessly addicted to appeasing a shrinking conservative base that represents about a quarter of the total electorate. If Owens is victorious, Democrats plan to argue that the opposition is badly divided and unable to run big-tent candidates...
...industries. Banks also loaned money to real estate developers, who have added inventory to what were already overbuilt residential and commercial markets in several major Chinese cities. And now the government has turned around and acknowledged that the mind-bending surge in bank lending - by June of this year, total lending exceeded the amount for all of 2008 - has done nothing to rebalance China's economy between consumer and producer. In fact it's done the opposite: late last month, the National Development and Reform Commission, an important policymaking body, conceded that it must start implementing rules aimed at reducing...