Word: automen
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Dates: during 1950-1959
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...sales race began, automen were confident that 1957 would be a near-record year. Chewy General Manager Edward N. Cole expects sales to jump 600,000 units next year for a 7,500,000-unit total-the second best in history...
...early postwar days when any old design would sell are fast dying. To keep on building some 1,200,000 new houses annually, they must meet changing consumer needs and desires much in the same way Detroit's automakers turn out an annual model change. And like the automen, who quickly caught on to postwar yearnings for longer, lower, higher-horsepowered cars, so U.S. homebuilders must ask the man who owns one, and listen to his ideas...
...carry out his five-year "Power, Transportation and Food" development program. Kubitschek needs to attract foreign capital to Brazil. Last week he took time to talk with prospective U.S. and German investors, got quick action on at least one project. A team of Mercedes-Benz automen arrived in Rio from Germany one morning, conferred with the President that afternoon, promptly got a truck-factory plan speeded on its way. "No matter how busy I may be," vowed Kubitschek, "any foreign investor who comes to Brazil will find my door open...
While the financial branch of the auto business nervously chewed its fingernails in the back seat, automen in the driver's seat sped on to more production records, predicted that the total would reach 7.5 million cars this year, up a full 36% from 1954. With high wages and record employment, producers figure that U.S. workers can afford to go into debt. Only 9% of the nation's $266 billion disposable income goes into time payments, said a G.M. spokesman, but "14% or 15% with good credit would cause no damage...
...Detroit, automen estimated that the General Motors and Ford wage increases, together with the higher steel price and an expected increase in the prices of parts, may add an average $100 to the list price...