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- <text id=91TT1446>
- <title>
- July 01, 1991: Business Notes:Transportation
- </title>
- <history>
- TIME--The Weekly Newsmagazine--1991
- July 01, 1991 Cocaine Inc.
- </history>
- <article>
- <source>Time Magazine</source>
- <hdr>
- BUSINESS, Page 56
- Business Notes
- TRANSPORTATION
- Humvee in The Driveway
- </hdr><body>
- <p> Looking for a rugged all-terrain vehicle? Then a Humvee might
- be just the buggy for you. It doesn't come with air conditioning
- or stereo, but it's been tested in real battlefield conditions.
- Humvee, which is short for High-Mobility Multipurpose Wheeled
- Vehicle, is the new U.S. Army jeep. Deployed first in combat in
- Panama, some 20,000 Humvees were used in the Persian Gulf war.
- Starting last week, the Humvee was being offered for sale to the
- public by defense contractor LTV, which is trying to diversify
- its way out of bankruptcy.
- </p>
- <p> The consumer models won't exactly ride like the grunt
- versions. Seats will be more heavily padded, and the doors will
- be made of steel rather than fiber glass, for safety's sake. LTV
- hopes to sell 1,000 of the Humvees this year at a price from
- $40,500 to $44,000, which is about twice as much as a Jeep
- Cherokee costs but about the same as a Range Rover. The first
- customer to enlist was the Terminator, Arnold Schwarzenegger.
- Good thing the manufacturers removed the missile launcher and
- cannon.
- </p>
-
- </body></article>
- </text>
-
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