
By Liz Goodwin
One freezing day last December in the tiny town of Palestine, Ark., a young man climbed into the police department’s Humvee, turned it on, and drove off on a joy ride.

By Liz Goodwin
One freezing day last December in the tiny town of Palestine, Ark., a young man climbed into the police department’s Humvee, turned it on, and drove off on a joy ride.
After a period of rapid expansion, India’s car market entered a slump indirectly triggered by the U.S. Federal Reserve’s announcement that it would start to gradually phase out its ultra-loose monetary policy.