Word: automen
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...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...
...hiring would be feasible in such cases. The auto industry has dragged in every available trained worker to keep up with the sales race, and Detroit companies have even gone to South Bend to recruit laid-off Studebaker workers. But there is no time to train green hands; automen need production right...
Next to total sales, automen care most about their share of the market, since a change of only one percentage point can mean a difference of $45 million in earnings. General Motors, surprisingly plagued by production problems in gearing up its intermediate-sized cars, slid from a 54.4% share in the first eight months of this year to 53.5% in the middle third of October...