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...Chrysler Corp. A credit operation, which does a $250 million annual business financing sales of furniture, TV sets and other items, Redisco had earned a robust $2,500,000 a year. A.M.C.'s appliance-making Kelvinator division is also profitable-and for sale. Drastic as such surgery is, Chapin and Co. see little alternative to sacrificing A.M.C.'s two strong, non-automaking arms...

Author: /time Magazine | Title: Autos: Uphill & Getting Steeper | 5/12/1967 | See Source »

Hoping to steer ailing American Motors Corp. back to health, Board Chairman Roy D. Chapin Jr. recently prescribed price cuts for his slow-moving Rambler American economy line. The first sales figures showed an encouraging upturn-and Chapin, dining in a Chicago restaurant, cheerily ordered strolling musicians to play Just in Time. The American's $1,839 base price - well under that of any other U.S. compact and only $200 more than the Volkswagen-has indeed helped tune up sales, which in April rose 8% over the same month last year, to 7,371 cars. Nevertheless, as of last...

Author: /time Magazine | Title: Autos: Uphill & Getting Steeper | 5/12/1967 | See Source »

...cars. The first quarter of 1966 was an $8,300,000 loser; this year, the same quarter produced a record $21 million loss, knocking the company $30 million into the red for the first half of its fiscal 1967. Faced with a sooner-than-expected financial crisis, Chapin last week began cutting away again-this time at A.M.C.'s assets...

Author: /time Magazine | Title: Autos: Uphill & Getting Steeper | 5/12/1967 | See Source »

...Richard Chapin '44, an assistant dean at the Harvard Business School, was named the ninth president of Emerson College in Boston Wednesday...

Author: NO WRITER ATTRIBUTED | Title: Chapin to Become Emerson President | 4/29/1967 | See Source »

...Chapin, who assists in educational planning, has worked in labor relations, teaching and student personnel. On the business school staff since 1949, he has been director of the master's degree program in Business Administration...

Author: NO WRITER ATTRIBUTED | Title: Chapin to Become Emerson President | 4/29/1967 | See Source »

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