Word: auto
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Dates: during 1950-1959
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...Make a Fuss!" The most conspicuous case of stardom sickness recently befell Edouard Streltsov, darling of Moscow's soccer fans. When Edouard hit the big time in 1955 as center forward on the "Torpedo" team of the Moscow Likhachev (formerly Stalin) Auto Plant, he was a clear-eyed, husky youth of 17. But then his sporting instincts turned to women and wine...
After a few drinks, he liked to smash furniture and crockery. Once he invaded the apartment of a complete stranger and began breaking up everything in sight. When the police picked him up, his sponsors at the auto works telephoned in desperation: "Do you know whom you've arrested? Streltsov, our best footballer! For heaven's sake, don't make a fuss!" The plant even gave him a luxury apartment after he had tossed his wife and infant into the street, and the Moscow City Economic Council continued to shower him with bonuses. Edouard loved the high...
...everything until last spring he raped a girl named Tamara. Tamara refused to be bribed into silence, and the case wound up in court. There, keeping his face turned away from the public, a ruined Edouard sobbed out his answers: "You worked where?" "In the committee of the Likhachev Auto Plant." "In what capacity?" "I played soccer." His sentence: twelve years at hard labor...
...drop in auto production from the boom year of 1955 to the leaner days of 1958 comes into sharp focus in these tables compiled from industry statistics for each of the last four model years from first production to final changeover. 1958 1957 1956 1955 Chevrolet 1,283,052 1,552,471 1,617,398 1,766,013 Ford 961,236 1,655,068 1,468,734 1,451,157 Plymouth 399,236 662,824 526,852 672,130 Oldsmobile 296,369 384,392 485,459 583,181 Buick 241,908 405,086 572,024 738,814 Pontiac...
...Packard's request, he was ready to move into the company, find profitable nonautomotive companies to merge with it to take advantage of Studebaker's $135 million in tax losses. For Studebaker a merger is a matter of desperate urgency. Down to less than 1% of the auto market this year (from 2.4% in 1954), the company hopes to make a comeback this fall with a new small car, priced under $2,000. But to keep going, Studebaker must also refinance $55 million in bank and insurance company notes, some now falling due, hopes to issue preferred stock...