Word: auto
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Dates: during 1950-1959
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...Hill. Two hours after Ike signed off, A.F.L.-C.I.O. President George Meany took to the air to argue that the Landrum-Griffin bill was "a blunderbuss that would inflict grievous harm on all unions.'' And A.F.L.-C.I.O. Vice President Walter Reuther, attending a conference of the United Auto Workers and the Machinists' Union, said that the President "has been taken in by the opponents of organized labor." The Landrum-Griffin bill, Reuther added, "will weaken the honest labor unions and play into the hands of the dishonest...
...from a nearby prison farm, might be lurking around Engle's summer home, a rambling old stone house near Cedar Rapids. Quipped Engle's car companion, daughter Mary, 18: "Oh, we'll probably find them at our house!" They did. The fugitives, a forger and an auto thief, had already held Engle's wife for nearly five hours, also had daughter Sara, 14, at kitchen-knifepoint. In the three hours that followed, the resourceful Engle family kept its nerve, calmed and steadied the jittery convicts, followed Papa Engle's strategy to "just have an ordinary...
...full 1959 model year, which began last October, unofficial figures show Ford on top by some 20,000 cars. From January through July, though, Chevy is ahead by an estimated 29,000 cars. In July alone, Ford rushed ahead of Chevy, took more than 25% of the auto market...
Part of the upturn was due to the auto industry's retooling for 1960 models. As automakers began phasing out production of their 1959 models, their production for the year's first seven months stood 49% above that period last year, bringing operations to an annual rate of 6,135,000 passenger cars and 1,200,000 trucks. For automakers, July's" estimated production of 551,200 cars made it the third best July in history...
...word of Art Shay advice for every faltering firm: "You must compete in areas where you are prepared to compete." With this credo, Harold Eugene Churchill, 56, climbed to the presidency of Studebaker-Packard Corp. and led the company back from the brink of bankruptcy. Unlike other auto chief executives, Churchill does not compete as a supersalesman or financial whiz. He came up as an oldtime, dirty-fingernail mechanic, who still loves to tinker under an open hood. Realizing that S.P. could not battle model-for-model against the Big Three, he put all his mechanical skill into a single...