Word: auto
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Dates: during 1950-1959
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...moving up. For the third consecutive month the National Association of Purchasing Agents said that a majority of its members had reported higher orders for May than for the previous month. In Washington the Federal Reserve Board noted that durable-goods inventories continued to drop, while output of autos and household durable goods was up moderately (although auto sales were not keeping up with production-see below...
...While auto dealers grumbled of troubles past and present (see below), the talk among producers last week was of the future. What will the 1955 models look like, and how will they affect sales...
...General Electric this week offered its employees a 5?-an-hour increase. In Detroit 1,250,000 C.I.O. United Auto Workers will take an automatic 1?-an-hour pay cut because of a drop in living costs in April...
...AUTO SALES have dipped sharply in May despite predictions of a warm-weather pickup, but production still shows no signs of slowing down. New-car sales for the first ten days totaled only 140,000 units, down 11% from April and 20% below 1953. Dealer stocks of unsold new cars have now reached 660,000 units, almost 50% higher than a year...
OLDSMOBILE, which wound up 1953 in seventh place in the auto industry, has been rocketing ahead with its 1954 models, will probably nudge Plymouth out of fourth. Though Plymouth still leads in the four-month totals (138,996 v. 136,748), Olds outproduced it by 6,417 units in April, will probably be right behind Buick again in May, thus giving G.M. three of the four top makes...