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...Defense (1951-53), who had first been offered the job in the Kennedy Administration. The Pentagon, highly fond of retiring Secretary Thomas Gates, sighed at the thought of educating the fourth Secretary in eight years, and some recalled the memory of the lackluster regime (1953-57) of another automan, General Motors ex-President "Engine Charlie" Wilson. (In an echo of Wilson's oft-quoted remark, a newsman asked McNamara: "Do you believe that what's good for Ford is good for the country?" Replied McNamara: "I shall act in the interest of the country. That...

Author: /time Magazine | Title: National Affairs: SIX FOR THE KENNEDY CABINET | 12/26/1960 | See Source »

...Every automan knows that the compact cars have boosted overall auto sales, but no one has been sure just what effect they have had on the market for standard-size cars. Last week Detroit had enough figures to show that the compact has been an unreserved blessing for some, a mixed blessing for others. Imports were feeling compact competition, were down from 11.5% of car sales in August 1959 to 8.7% last month. Items...

Author: /time Magazine | Title: Business: Compact's Impact | 3/21/1960 | See Source »

...what is going to happen to forward model cars. The opportunities to pick up valuable trade secrets are enormous." The Dearborn (Mich.) Inn has received an unusually large amount of income for its top-floor rooms; the inn just happens to overlook the Ford test track in Dearborn. One automan, who confessed to the Harvard men that he had gone "too far," telephoned the top office of a competitor, got information on a new model by realistically presenting himself as a fellow employee...

Author: /time Magazine | Title: INDUSTRY: Spying for Profit | 7/27/1959 | See Source »

...enduring mysteries of U.S. business is how a product can suddenly catch fire with consumers or, at times, just as suddenly lose favor. Nearly 30 years ago, General Motors' William S. Knudsen, a Danish immigrant bicyclemaker turned automan, was the one who lit the fuse under Chevrolet and sent it out ahead of Ford as the most popular U.S. car. His reward was the presidency of General Motors. Three years ago, Big Bill Knudsen's son, Semon Emil Knudsen, took on a similar job: he was made boss of G.M.'s sputtering Pontiac division, thus became...

Author: /time Magazine | Title: Business: Chip Off the Old Engine Block | 5/25/1959 | See Source »

When the new cars wheel on to the market, what will become of American Motors? Some Big Three officials who wrote off the compact and small foreign cars only two years ago now have their own pat answer. Says one high-ranking automan: "Give the Big Three a year or so in the economy market, and Romney will be flat against the wall." But such crapehangers underestimate Romney's passion and skill in battling against odds...

Author: /time Magazine | Title: AUTOS: The Dinosaur Hunter | 4/6/1959 | See Source »

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