Word: auto
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Dates: during 1950-1959
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...Dodge, with a flat hood and rear deck, high fender lines, and a wrap-around windshield with the window post slanting back, instead of being perpendicular as in G.M. cars. But there was no doubt that next year will bring the greatest spate of major restyling in postwar auto history: a total of nine completely revamped models (1954 total: three...
...Grand Rapids last week, auto deallers heard some grim news from Admiral Frederick J. Bell, executive vice president of the National Automobile Dealers Association. In the last year, reported Bell, a total of 1,757 auto dealers have gone out of business in 40 states, and the number is growing each day. The main cause: auto bootlegging, by which some dealers sell new models to used-car dealers for resale below list price, thus undercutting the market...
Although both Ford and General Motors have issued stern warnings against bootlegging, they are not anxious to bail out their dealers by cutting back production or lowering prices. For one thing, the Justice Department is already looking into the auto industry, worried because Ford and G.M. have gobbled up 83% of the auto market in their production race. Any price cut would only hurt such staggering independents as Studebaker, Hudson and Kaiser even more, and bring antitrust agents to Detroit at a dead...
...James P. Falvey, 49, an expert on law and labor relations, was elected president and chief executive officer of Electric Auto-Lite Co., the world's biggest independent manufacturer of automobile electrical equipment (30 plants in the U.S. and Canada). Falvey is the complete opposite of his rugged, swashbuckling predecessor, Royce G. Martin (onetime paymaster for Pancho Villa), who died minutes after his horse Goyamo ran in the 1954 Kentucky Derby (TIME, May 10). Falvey joined Auto-Lite in 1934, when it bought out Moto-Meter Gauge and Equipment Corp., for which he was patent attorney. He built...
...Bennett Archambault, 44, moved over from the M. W. Kellogg Co. (a Pullman Inc. subsidiary that builds equipment for oil refineries) to become president and chief executive officer of Stewart-Warner Corp. (lubricating equipment, television, electronic products, auto parts, heating plants, etc.). A Californian, Archambault grew up in Montana, attended Georgia Tech, graduated from M.I.T., joined Kellogg in 1935 and worked his way up to vice president and general manager. During World War II, he headed the European division of the U.S. Office of Scientific Research and Development, won U.S. and British decorations for pioneering new weapons and equipment...