Word: buick
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...Auto production slowed 2%, but last week's production schedule of 131,096 cars was 52% higher than the same week a year ago. So far in 1959, auto production is running 23% ahead of 1958, but there are signs of further slowing. Buick, Chevrolet and Mercury trimmed plans...
...Buick...
Aside from Buick's decline and Pontiac's surge (Plymouth's drop was largely strike caused), the big car surprise of 1959 is the fast pace of the skillfully restyled Ford against the flashy new Chevy. With a strike at G.M. to give it an initial lead, Ford took off running, has sold something like 500,000 cars for the model year so far, and still leads by 30,000 units. Chevy is creeping up, but it will have to do better than February's slim margin to hold its 1958 title of No. 1 seller...
...fourth quarter, its first profit in five years. Chevrolet output, still rising, inched ahead of Ford production for the first time, 522,000 to 511,000. But Ford, with sales 40% ahead of the year-ago rate, claimed it still led in sales. The only glum news came from Buick, which got off to a fast start and has already produced far more cars in the first four months of the 1959 model year than it did a year ago. Buick cut weekly production from 8,500 to 7,400 cars, laid off 2,000 Buick workers because field stocks...
WEST GERMANY'S OPEL, a General Motors subsidiary, spurted to No. 2 spot within the company, counting cars and trucks. Last year Opel boosted production by more than 25%, to 315,945 units, well ahead of Oldsmobile, Buick, Pontiac and Cadillac, though far behind Chevrolet's 1,534,575. During year, Opel exported 19,500 cars...