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The Top 10 Cars that Americans Hate Times are so difficult for the auto industry that even Toyota and Honda have now experienced the kinds of double-digit sales dips that have been with American auto giants General Motors and Ford all year. Sales for the entire industry were down 25.6 percent collectively in September as consumers grew nervous about making big-ticket purchases. In good economic times and bad alike, however, there are some vehicles that American consumers seem to hate outright. And they’re not just the big SUVs that are currently out of favor. It turns out, the ears American consumers hate the most come in many different shapes and sizes, and they’re disliked for a wide array of reasons. "Buyers make the same choices and buy the safe brand," says Jessica Caldwell, manager of pricing and industry analysis at Edmunds. corn, an automotive consumer information Web site. "They are not thinking outside the box and buying something that may stand out as an odd purchase." In other words, the cars Americans seem to hate aren’t necessarily bad cars. In fact, the industry victims are, for the most part, solid quality cars, according to J. D. Power and Associates ratings on quality, design and performance. There are usually just one or two elements or features that throw consumers off, as is the case with the Dodge Magnum, which is a wagon ( American buyers gave up wagons for minivans a long time ago, then gave up minivans for SUVs); the Audi A3, which is a hatchback(有可向上开启天窗的汽车背部) ( consumers never cared much for them in the first place); and the Acura RL, which is just plain, says Stephanie Brinley, auto analyst at AutoPacific, Inc., an automotive marketing and product consulting firm. Car buyers are rightfully picky. From models that have quality issues (real or perceived) to simple design elements that lack aesthetic appeal, in each major vehicle class there’s at least one car U.S. consumers tend to steer clear of. To generate our list of the cars Americans hate, we looked at sales data for the 10 major vehicle segments defined by market research firm J. D. Power and Associates. The sales data, provided by Automotive News, a trade publication, spans 2006, 2007 and the first nine months of 2008. The vehicles with the lowest sales in their class made the list. We then looked at J.D. Power’s consumer ratings in two studies. The 2008 Initial Quality study reports buyer satisfaction with a vehicle in the first 90 days of ownership in terms of mechanical defects and malfunctions, as well as ease of using a particular feature. The 2008 Automotive Performance, Execution and Layout (APEAL) study measures owner delight with vehicle design, content and performance following the first 90 days of ownership. In both studies, a ring rating is used with five rings as the highest and two rings for the lowest. Some vehicles that earned five rings made the list, meaning not all high-quality cars are instant hits with consumers. Quite the opposite, in fact. In the subcompact (超小型汽车)car segment, the Kia Rio earned five rings in both J. D. Power studies, but only 92, 087 were sold in the measured period. The Rio even earns better quality ratings than the segment sales-leading Toyota Yaris, which saw sales of 243,602 in the same time frame. Why the snub (冷落) The major reason could be that Hyundai models suffered from quality issues with the engine and transmission in the late 1990s (Kia, a relatively new brand to the U. S., is owned by Hyundai), yet those problems were overcome slowly but surely. Today the company even offers a 10-year/100,000-mile limited power train warranty to back up its improved-quality claim. Nevertheless, some consumers still view a car like the Kia Rio as a risk. The Kia brand as a whole only earned two rings in the J. D. Power 2008 overall study. In some segments, like the midsize car, the competition is so fierce that very good cars wind up getting almost completely ignored. The Honda Accord ( 1.37 million sales in the aforementioned (上面提到的) time period) and Toyota Camry ( 1.27 million sales ) dominate the segment. Sales of the slightly cheaper Mitsubishi Galant were a mere blip(短暂的偏离现象) (75,089 sales) in that segment. The Galant gets slightly worse gas mileage than the Accord, 21 mpg versus 25 mpg, but according to J. D. Power, Galant owners (five rings in each study) liked their cars more than Accord owners (three rings in each study). "The problem with the Galant and cars like it is that no one knows the brand," says Caldwell. "You pull up and people ask, ’What’s this’ and then they want to know, ’Why did you buy it’ There just isn’t a lot of brand recognition. " But then there’s well-earned hatred, particularly due to quality issues, which is the case with the Jaguar XJ, of which only 10,852 were sold (the leader in the segment, the Cadillac DTS, saw sales above 135,000). The Jaguar brand was sold last year to Indian company Tata Motors, and when Jaguar lost its British edge it also lost favor with American buyers, says Caldwell. Even though the quality problems of Jaguars, to that point, had been well-known among consumers, the idea of having a British car parked in the driveway was, for a long time, enough to attract loyal American buyers. And that’s what’s missing in vehicle purchases today in general, says Brinley. The sheer emotion that persuades some buyers to choose a car they love over one that’s generally acceptable to the masses. In other words, the overall driving experience probably isn’t all that different from car to car within a segment. But all it takes is one design quirk or one long-since-overcome quality issue for consumers to develop a negative perception of a car. Taking a risk on an overlooked model within a segment may be a better choice, but consumers make logical, safe purchases rather than ones that might be more fun and stand out a little. "Many car buyers are still buying cars like they buy appliances," says Brinley. "They buy a car that fits their life needs but they are not purchasing it for the design or style. There’s no emotional attachment to it. \ According to Jessica Caldwell, the consumers tend to buy cars with ______.
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Japan owes a lot to China. Chinese demand for Japanese goods has helped Japan’s economy recover, while competition has pressured executives to start restructuring Japan’s companies and banks. Japan is an example of how China is offering two benefits to the global economy. One is the way in which China is acting as an economic engine, buying up ever-increasing amounts of goods and natural resources. The other is the flow of inexpensive Chinese goods that drag down consumer prices across the world. There are downsides, like the decline of manufacturing industries from Detroit and Perth. Folks in developed economies losing jobs or taking pay cuts would hardly agree that China’s rising influence is a good thing. But at the moment, China’s 9.5 percent growth rate is proving more of a blessing than a bane for countries like Japan. Quietly, at the start of this decade, Japanese companies began shifting production abroad, cutting costs, selling off extraneous businesses and paying down debt. ’The government also stepped up efforts to attract more foreign direct investment, something Japan had little use for in the past. Taken together, these actions largely prompted by China’s advance, have led to the most organic and convincing recovery Japan has seen in years. While Japan has much further to got to make its economy more globally competitive, it is worth noting how far it has come from the dark days of the late 1990s. There are many benefits inherent in China’s advance. One of them was spelled out by Anatole Kaletsky, an editor and economic columnist at The Times of London. He wrote on August 18 that China’s rise is making the richest nations even richer. Along with pushing down global prices of mass-produced goods, China’s influence may actually be pushing up the prices of products and services China does not or cannot make. That can be seen in the prices of things that China consumes — oil, financial services, luxury goods and real estate. Kaletsky said that as prices of luxury goods and financial services are driven higher, prosperous countries with service industries become wealthier, compared with manufacturing countries.
收购要约提出的各项收购条件，适用于被收购公司的所有股东。( )
外国投资者设立外商投资企业，并通过该外商投资企业协议购买境内企业资产并且运营该资产，或通过该外商投资企业购买境内企业股权。上述行为属于外国投资者并购境内企业。( )
Questions 19 to 22 are based on the conversation you have just heard.
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