Word: sedans
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Dates: during 2000-2009
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...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...
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 it up. It's a minor change, but no one is treating it that way, least of all Chung, a hard-nosed, detail-oriented boss with a penchant for micromanagement. ("He still makes the decision...
...secret of Hyundai's success. The South Korean company is following much the same formula that Toyota used decades ago to overcome its "cheap Asian import" stigma and become one of the world's most respected brands. When Hyundai first entered the U.S. market in 1986, its Excel sedan?an econobox with a $4,995 price tag?was an instant hit with frugal buyers. But customers soon discovered they were getting what they paid for: Excels were prone to quality-control problems and frequently needed parts replaced. Sales tanked, and Hyundai became a laughingstock. In 1998, Late Show TV host...
...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...
...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...