Word: automen
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...European automen are sure that Flick yearns to grow still bigger. They buzz that he is working toward a merger with a major French or Italian automaker to dominate the car industry in the European Common Market. He has had Daimler buy preferred shares that can be converted into 5% of Studebaker-Packard Corp., his U.S. distributor. But a key factor in Daimler-Benz's plans will be the effect of the new U.S. compact cars on Mercedes' vital U.S. sales. Daimler-Benz is less worried than most other European car makers. Says President Fritz Konecke: "Our appeal...
...quarter in the company's history, lifted Ford's half-year earnings 1,676% over last year, to a record $5.22 a share. Though Ford's second-quarter sales were only $3.7 million higher than the first quarter, its profits rose $16.3 million, demonstrating what automen have long known: once they hurdle the hump of initial cost and keep on selling, the profit dollars pile up with amazing speed...
...automen enjoying their first spring buying surge in four years, the new sales figures last week were eye openers. During May, dealers sold 529,800 U.S.-built cars, 34% more than a year earlier and the highest total for any month in two years...
Rollert, who likes to play chess or golf in his spare time, is faced with a real puzzler in Buick. No one knows why the '59 Buick has done poorly. Automen guess that it is too radically styled, too low and hard to get into, has a cramped back seat. In any case, Rollert starts with one big advantage over Ragsdale. Ed Ragsdale took over when Buick was at its peak. Ed Rollert's Buick has hardly any place...
...Rambler's success, the Big Three are not hurting much. Last week the auto industry showed promise of the first spring pickup in sales since 1955, chalked up a record near two-year, midmonth high of 174,780 new car sales. Automen are confident of a 5,500,000-automobile year. That is good news for George Romney; the more car sales, the bigger the share he expects...