Word: automen
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Dates: during 1960-1969
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...standard-sized cars, the industry would have used only 36,000 more tons of steel. Since the auto industry uses more than a million tons of finished steel a month the difference is too small to be important. A likelier explanation of Detroit's drop in steel buying: automen have restored their steel inventories, which were exhausted during the nearly 17-week steel strike...
...usual at this time of year, the key to much of 1960's economic health lies hidden in a vital question: How big a year will it be for autos? Automen traditionally make a brave try at guessing the answer on the basis of the latest sales, which rose 10.7% in January over last year. But this year the significance of the figures has been clouded by the carryover effects of the steel strike and the first full model year for the compacts. Last week Detroit cut back auto production, but that only thickened the clouds; automen blamed much...
...started a new quarter and a new year with scheduled production 85% ahead of the final quarter of 1959. Between now and March 31, the industry expects to produce 2,250,000 cars. It will be the largest first-quarter production in history, if there is no labor trouble. Automen predict that 1960 sales, including 500,000 imports, will soar above 7,000,000. American Motors'George Romney, most enthusiastic of the lot, forecasts...
Back in the days when I sold products instead of services, no one guaranteed to take all we could produce, nor does the Government guarantee the automen that all autos they can manufacture will be sold, and the same with steel, etc. Why should the Government tell the farmer that someone will buy all he can grow...