Word: auto
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Beginning Nov. 1, the Mexican assembly plants of foreign auto firms will have to use Mexican cotton to pay for car and truck parts imported from their parent companies. To do business, the companies will have to make deals with a broker to try to sell Mexican cotton abroad. The companies then can import an equivalent value in car parts. Hard hit will be the U.S. Big Three-General Motors, Ford and Chrysler. If they manage to continue importing parts at the current rate (an estimated $60 million a year), the Big Three will have to market...
...aviation company will run Studebaker-Packard under terms of a management contract, Curtiss-Wright revealed that it is negotiating a contract with West Germany's Daimler-Benz A.G. that will give Studebaker-Packard access to new German engineering developments and may ultimately result in the U.S. auto firm's distributing Daimler-Benz cars and trucks...
...union : the largest wage and fringe-benefit package in its history (45. 6? an hour over the three-year period - ? an hour the first year, 9.1? the next two (prestrike average: $2.47 hourly). Auto matic cost-of-living adjustments, a 52-week, supplementary insurance plan for laid-off workers with two years' service, adding up to the best "guaranteed annual wage" in industry. Premium pay for Sun day work...
With supply more in line with demand, Detroit automakers showed their confi dence by upping production to a rate of 440,000 units in July, the second month of the year (besides March) when auto pro duction gained over the previous month...
IRON-CURTAIN SHIPMENTS by U.S. firms are running double the 1955 rate. The Commerce Department has issued $12.7 million worth of export licenses for the year's first half v. $13.4 million for all of 1955. New items licensed include farm machinery, cold-rolled steel sheets for auto bodies, railway-car air-conditioning systems...