Word: automen
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Dates: during 1960-1969
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...tickets), businessmen cheered the cut's timing. It will not only help raise sales of some items at their seasonal bottom (TV sets, furs, phonographs), but also prevent a slump in peak-time sales of autos and air conditioners by making their cuts retroactive to May 15. Automen, anticipating sales of 250,000 more cars this year as a result of the cut, promised prompt excise refunds (direct from Detroit) on cars bought between now and July 1, and most air-conditioner makers made arrangements to do the same. The President urged businessmen to pass on the full amount...
...rear fender. G.M.'s square-shaped Corvair has become as rounded as the Karmann-Ghia, and a new curved-roof version of Ford's highly successful Mustang has joined the Valiant Barracuda and the Corvette Sting Ray as the industry's only true fast-backs. Automen have hedged their expensive bets on public acceptance of the new styling by offering most of the nameplates with curved roofing in squared-off, T-Bird roof versions too, but G.M.'s turn toward softer lines en sures an increasing trend in this direction for 1966 and beyond...
...Cracked the President: "I am proud and inspired and stimulated that there is a Ford in my future. And with Jack Gordon here to night, I hope there is a Chevrolet. Lady Bird and I have waited so, so long to be a two-car family." And the two automen, who have labor-contract negotiations opening this week, have waited so, so long for a President who, they hope, might not be inclined to interfere on the side of labor...
...economy- it is now debating whether it will be held to 8,200,000 sales (including 400,000 imports) or go on to 8,500,000. Auto sales in the first quarter were the highest in history, rising 7% over last year and 4% over record 1955. Automen no longer consider what is happening in the industry a boom; taking into account a steadily growing population, the growth of multicar families and the steady spread of suburbia, they feel that the industry has reached an era in which 8,000,000 sales will be a normal year. Some automen...
...general manager of Chrysler Corp.'s Chrysler-Plymouth division, Philip N. Buckminster, 47, runs a bigger operation than the chief executive of many a major company. Buckminster is considered one of the fastest-rising automen in Detroit, has become the favorite troubleshooter of Chrysler President Lynn Townsend. Under Buckminster, the Chrysler-Plymouth Division is readying a racy new sports car, the Barracuda, for Spring introduction; last week the division raised its prestige with a 1-2-3 upset victory for Plymouth over Ford in the Daytona 500 stock car race. Trained as a financial analyst at Ford under Robert...