Word: auto
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Dates: during 1950-1959
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Like a happy hot-rodder, the auto industry sped through 1955 leading the economy at a record clip. Last week, when the inevitable pause came, some, grown accustomed to the impossible, expressed alarm...
...loudest voice of all for easier money came from General Motors' Harlow Curtice. Answering critics of current auto-payment terms, Curtice said the down payment on new cars continues to average 40% of the price; the average installment is $80 monthly, and only two out of 100 are repossessed. Concluded Curtice: "The new high level of automobile credit is in keeping with the higher level of disposable income...
ECONOMY DRIVE to get the U.S. Government out of business will pick up steam this year. After stalling last year, the plan for the Pentagon to discontinue 52 business-type operations (including 19 office-equipment repair shops, nine auto-repair shops) is getting a green light from the House Appropriations Committee...
...present time, McFarland, who is a leading authority on air safety, is interested mainly in the automotive area, because auto accidents kill more citizens than is any other cause. Relating this fact to biotechnology McFarland believes that car design "must be related to the biological characteristics of the driver, and the designer must not place unreasonable demands...
...drive the warnings home, auto plants around the U.S. were gradually reacting to the slower sales and resultant pile-up of 1956 models. At Ford, G.M. and Chrysler last week, production was cut as much as 10% on some models, and 14,000 workers were laid...