Word: benz
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Dates: during 1950-1959
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...Curtiss-Wright Corp. reached secretly last month (TIME, July 30), was finally made official. In addition to the expected provisions, e.g., the aviation company will run Studebaker-Packard under terms of a management contract, Curtiss-Wright revealed that it is negotiating a contract with West Germany's Daimler-Benz A.G. that will give Studebaker-Packard access to new German engineering developments and may ultimately result in the U.S. auto firm's distributing Daimler-Benz cars and trucks...
...bring out a 1957 Studebaker line on schedule. However it will probably stop making Packards for a year, wait until 1958, when it can develop an interchangeable body shell with Studebaker along the lines of its Packard Predictor dream car. Another possibility: that West Germany's Daimler-Benz will come in on the agreement, use Studebaker's dealer setup to distribute Mercedes cars and trucks in the U.S. Eventually, Studebaker might also build Mercedes products...
...ship 40,000 this year and might be able to sell 50% more. But other business is too pressing. Its deliveries in Sweden are four months behind, and Germans must wait up to eight months. Other West German manufacturers are also doing well. Exports of the sleek, expensive Mercedes Benz are up 20%; Porsche has already shipped 1.034 cars to the U.S., almost as many as in all of 1955. Even the French industry is buzzing at a record rate...
...gold wrist watches and nylons before eventually choosing one 14-year-old, Nelly Rivas, as his special favorite (TIME, Oct. 10). ¶ Atomic "Scientist" Ronald Richter, who never split an atom, expertly diffused $3,700,000 of Argentina's money in his fumbling attempts. ¶ Jorge Antonio, Mercedes-Benz tycoon and Perón crony, profiteered on so vast a scale that a subcommittee named exclusively to investigate him seriously recommended a fine of more than $1 billion. ¶ Defense Minister José Humberto Sosa Molina got from Perón 265 car import licenses, each worth more than...
...country in his fast cars, went on gazelle shoots, where servants pitched tents and spread rich Oriental carpets on the desert floor. Hussein organized a Royal Jordanian Automobile Club, outdrove 28 competitors around the hairpin turns of a hill-climbing course. One day he raced his light grey Mercedes-Benz 300-SL at 150 m.p.h. down the Amman airfield's best runway. "I think she could have done better," he grinned, "but the runway isn't quite long enough." At the auto club's Amman garage, Hussein spent days helping mount a Cadillac engine in a racing...