Word: carly
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Meanwhile, the cost of consumer loans was sharply rising. In New York, First National City Bank posted a new schedule of charges keyed to the rising cost of money. A representative change: the buyer of a car hereafter will pay the equivalent of 7.8% interest for a bank loan instead...
...FOOTNOTE* The alternator generates alternating current, which is turned into direct current for the car's electrical system by a rectifier. Previously, rectifiers were too bulky for use in autos, but Chrysler has adopted miniaturized silicon-diode rectifiers used in missiles...
...bring its 1960 cars to market, Chrysler Corp. is spending more than $350 million on design and development. Last week in Miami Beach, some 400 newsmen previewed the models to come out in October. Biggest share of the spending is for Chrysler's new economy car, the Valiant, heaviest (about 2,700 lbs.) and most powerful (100 h.p.) of the Big Three's compact cars. Styled with a sports-car slope, the Valiant seats six, gets 30 miles per gallon, has a top speed of 100 m.p.h. Among its features: a new six-cylinder engine mounted...
Chrysler President Lester Lum Colbert predicted that U.S. compact-car sales in 1960 will total 1,250,000 units, noted that by early 1960 the Valiant will have an annual production capacity of about 300,000 cars. Said Colbert: "We are ready with the right car for a big new market. The impact of this new automotive development may be so great that the volume of sales of economy cars will be determined in large part by the manufacturing capacity of the major companies...
...prediction on total car sales: 7,000,000 next year v. the expected 6,400,000 total for 1959. Chrysler set no prices on its full-sized models, which retained the low, long look, with tail fins still the distinguishing feature. For its V-8 engines, Chrysler has developed a new ram induction system which provides enough extra boost for passing at speeds from 35 to 75 m.p.h. that the use of "kickdown," or passing gears, is unnecessary. For the new Dodge Dart and Plymouth, Chrysler has developed a new six-cylinder engine which, as in the Valiant, will...