Word: automen
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Dates: during 1950-1959
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...sales graphs. Last week's reports showed a slight upturn in the last ten days of April. But for the first four months of the year, the industry is down a crushing 33%-and there are few signs of the traditional spring upsurge. Across the nation, automen frantically poured on the oldfashioned, hand-pumping hard sell, hurled themselves into door-to-door sales drives and marathon "cold turkey'' telephone campaigns. Chicago salesmen sported handkerchiefs hopefully-but falsely -embroidered "Business Is Good." In St. Louis, Milwaukee, Dallas, Atlanta. "You Auto Buy Now" campaigns assaulted the public pocketbook. With...
...schedule. General Motors plans to introduce many of its '59s in mid-Sepiember, one to two months earlier than last year. Chrysler Corp., riding in the red for 1958 (see State of Business), plans to show its 1959s by mid-October, instead of Nov. 1 as last year. Automen figured that if G.M. and Chrysler advanced their introduction dates, Ford would soon follow...
...industries there were signs that recovery might have begun. After the gloom of January and early February, Detroit's automen reported a sharp, continuing sales rise in March, with sales of some cars up as much as 25%. Oilmen, too, thought they might be bottoming out of recession, had cut production drastically to reduce inventories, while many independents clamored for further import cuts (see Oil). Texas cut its April allowable another 120,203 bbl. and scheduled only eight days' production (2,444,571 bbl. daily) for the entire month, the lowest level in history. Although gasoline stocks topped...
...downside, automen are not only fudging their earlier estimates of 6,100,000 new cars next year. They sold about 5,800,000 in 1957 and at year's end estimated sales of about 5,500,000 in 1958. As for the troubled railroads, they will see still another 5% to 7% drop in passenger traffic, while freight car loadings will show a continuing, but smaller (less than 10%), decline than in 1957. U.S. industry's headlong expansion will taper off in 1958; industry will invest only $34.5 billion in new plants and machines, down 7% from...
...designed. The driver who hopes to slip into 50-m.p.h. expressway traffic needs plenty of power just as he needs a big engine to run all the wonderful gadgets that make driving easier: air conditioning, power steering, power brakes, power seat, power windows. Instead of sneering. Europe's automen are starting to window-shop Detroit for exciting ideas. Such U.S. innovations as wrap-around windshields, twin headlights, bright colors, even a few tentative fins are now appearing on foreign cars...