Word: benzes
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Dates: during 1960-1969
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...revolution in favor of the compact car, are growing big for their boots, as the British might say. Citroën and Renault, Fiat and Hillman, BMW and the Japanese Datsun are adding new inches, new horsepower, and new luxury of interior appointment and exterior trim. Even the Mercedes-Benz 300 SL is tarted up with the same kind of speed-line chrome trim that is the one jarring note on the beautiful, continental-style new Buick Riviera...
When they have to publish figures, companies have numerous devices for juggling or obscuring them. One Brussels bank lists the value of its 24-story headquarters at 2?. And though Germany's automaking Daimler-Benz reported a $10 million net profit for 1961, German financial experts reckon, on the basis of its taxes, that its actual earnings were nearer to $50 million. This lack of reliable information scares small European investors away from investing in European stocks and is a chief reason why Europe has failed to develop a capital market. As a result, instead of turning...
...slipped from an average 4.6% on sales in 1960 to 4% in 1961−roughly the same as the U.S.'s top 500. Profits of the 16 biggest foreign automotive companies fell 10.2% despite an 8% sales increase. A notable exception: Germany's ninth-ranked DAIMLER-BENZ−whose earnings soared from $31 million to $50 million on sales of $1.1 billion. Sales of the nine chemical companies rose 13.1%. but their net incomes declined 9.3%. Hardest hit: Britain's fifth-ranked IMPERIAL CHEMICAL INDUSTRIES, whose profits skidded 28% to $90.6 million...
...Happily backlogged last week with 113,000 Mercedes orders, Stuttgart's Daimler-Benz would not guarantee delivery to German buyers before Christmas 1963, and even foreigners faced several months' wait for some models...
Rodriquez' aliscafi come in two models: the 72-passenger PT 20, which is driven by a 1,350-h.p. Daimler-Benz V12 engine and will make up to 40 knots, and the 140-passenger PT 50. which has two V-12s and does 37 knots. Both were designed by Austrian Engineer Friedrich Lobau, who built his first hydrofoil for Hitler's navy and his second as a prisoner of war in Russia. (The Russian model, he now says...