Word: auto
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Dates: during 1950-1959
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According to the United Auto Workers' latest demands, nothing much remains for them but to take over the auto industry by holdup. Reuther should be put to hard labor in jail for endangering the welfare of the nation. Communists all over the world are now entitled to be highly amused to see this exhibition of what we still call Free Enterprise...
...Auto loans still average...
Smith: No! But businessmen did some damage, too. They overproduced, and they cut down investment-one of the perils, by the way, of the Age of Abundance. Much of the blame has to go to the auto industry. The overselling of cars in 1955 was shocking. And it was a mistake not to cut prices in 1957. Matter of fact, this depression could rightly be called the Auto Depression...
...name is John Eyre, producer of the aesthetically if not financially sensible King Lear. Here he is living in an America of monthly payments, You-Auto-Buy-Now, Eisenhower and Lestoil, taking advantage of all that a middle-class world can offer, and, at the same time, maintaining fiercely the values and the pride of an upper class whose world has really ceased to exist...
Whatever ails U.S. auto sales is apparently not contagious. When the nine-day International Auto Show in Manhattan's Coliseum closed its doors this week, exhibitors totted up more than $25 million in sales, were so enthusiastic that some were raising their U.S. sales goals. From the very first sale only ten minutes after the show was first opened (a $24,985 Rolls-Royce), more than 200,000 visitors kept salesmen busy writing orders for the 60 cars of all sizes and shapes on exhibition from seven countries (U.S., Great Britain, West Germany, France, Italy, Sweden and Czechoslovakia...