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...there are more cars (8,700,000) in West Germany than in any other nation of the world except the U.S. Some auto executives deplore "silly sentimentality that results in people keeping a car for ten years," yet it seems to put no ceiling on sales. Last year Daimler-Benz, the manufacturer of Mercedes, sold a record $1.2 billion worth of cars and trucks -a 5.9% increase over the previous year-and is doing even better this year. As every German knows, what is good for the Daimler-Benz Aktiengesellschaft is good for the Bundesrepublik...

Author: /time Magazine | Title: World: Autoeroticism | 7/22/1966 | See Source »

Antique-auto buffs who lack the patience to comb the used-car market for their favorite classics could rejoice in the sampling of newly minted replicas. Milwaukee's SS Automobiles Inc., which last year began turning out reproductions of the 1920s' doorless Mercedes-Benz SSK Roadster under the name Excalibur SSK, has added a four-seat Mercedes Phaeton. Price: around $7,500. The classic American Cord has returned as a scaled-down convertible (four-fifths original size) that, like its predecessor, comes with front-wheel drive. Included in the $5,950 price: a one-way plane ticket...

Author: /time Magazine | Title: Cars: Fast, Sporty & Expensive | 4/15/1966 | See Source »

...care fully parceled out equal court time to each of the East players. "There's only one ball, fellows," Red sighed unhappily. "You've got to remember the spot I'm in." Auerbach's Celtic star Bill Rus sell, who drives an $11,500 Mercedes-Benz, did his bit to help his coach by scoring exactly two points in 23 minutes...

Author: /time Magazine | Title: Pro Basketball: Wheels Within Wheels | 1/21/1966 | See Source »

Bavaria's Hans Glas, which built its success on the tiny, utilitarian Goggomobil, displayed a flashy new luxury coupé that has the sleek, low lines of Italy's Lancia, does 125 m.p.h. and costs $4,500. Daimler-Benz introduced a new Mercedes, the 250 S, which still bears a strong family resemblance but is longer, lower and rounder. Italy was represented by a glittering array of high-priced Ferraris, Maseratis and Alfa Romeos as well as by the nimble, lower-priced Fiats. As always, the Rolls-Royce exhibit drew large crowds. They may have been looking...

Author: /time Magazine | Title: Western Europe: Catching Up with Detroit | 9/24/1965 | See Source »

...Italian Shell, and Vincenzo Cazzaniga, Italian boss of Esso. The average member of the board of management of a big German company may make a salary of about $50,000. The biggest German salaries are in the auto indus try, topped by an estimated $250,000 paid to Daimler-Benz's Walter Hitzinger. Only one German businessman exceeds the magic million-marks-a-year ($250,000) salary ceiling: Christian Kracht, 44, top manager for Press Magnate Axel Springer...

Author: /time Magazine | Title: Management: Who Gets What | 8/13/1965 | See Source »

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