Word: auto
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Dates: during 1950-1959
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High Speed. At the end of nine months, circulation was up to 20,000, back issues were selling at a premium (current rate for the first one: $5), and the venture was in the black. In September 1949, Lindsay and Petersen launched Motor Trend magazine for auto buffs in the white-sleeve brackets. Last April they added Cycle for motorcyclists. By last week, though Cycle was still in the red, the three magazines were selling a total of half a million a month, grossing $700,300 a year...
...Laufman suspects that alcohol may have had something to do with Johnny's stubborn survival. She had been drinking heavily. He does not think that the alcohol acted like anti-freeze in an auto radiator, but he believes it may have had some effect...
Sporting Life. At Chicago's auto show this week, Nash will show off its two-seater sports roadster, the first such car produced by a major U.S. manufacturer in 20 years. The Nash Healey, designed for Nash by Great Britain's famed Donald Healey Co., is only 38 inches from road to hood top. It is powered by a 125-h.p. version of Nash's six-cylinder Ambassador engine, can do 125 m.p.h. The engine and major mechanical parts will be made by Nash, the bodies by Healey in England. The car will be assembled by Healey...
Suddenly, two private companies got interested in Merl Young's talents. One was the Lustron Corp., the fabulously unsuccessful housing company; the other was the F. L. Jacobs Co. of Detroit, an auto-parts concern which also made washing machines. Both were in debt to the LFC at the time. Lustron hired RFC Examiner Young to be a vice president at ?i 8,000 a year. Without bothering to tell Lustron, Young simultaneously took a $10,000-a-year post as an executive of the Jacobs company...
Russia has moved in on the low-priced car market in Western Europe. Her Moskvich was a big hit at the Brussels auto show. A four-cylinder four-seater, its radiator cap flaunting a red star, the Moskvich sold fast at $978, much the cheapest car at the show. For this quo, plus some gram and minerals, Russia's quid, under a trade treaty with Belgium, included sheet steel, copper, electrical equipment, and $150,000 worth of herring...