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Chrysler shut down entirely; Ford, Chevrolet and Studebaker closed plants. The industry last week assembled only some 92,500 cars v. 100,000 the previous week...

Author: /time Magazine | Title: State of Business: Fair & Warmer? | 3/10/1961 | See Source »

Many dealers are not convinced. Says Chicago Chevrolet Dealer George Bond: "It's impossible to fill every order from stock anyway." Adds an Atlanta dealer: "If you tried to stock every single model in every single color with every single type of equipment, you'd come up with 10,000 cars." Many dealers think that Detroit is putting out too many models as it is, and that car buyers are simply confused. "I'm convinced we could sell just as many cars with fewer models," says another Chicago dealer. "We've heard from Detroit that they...

Author: /time Magazine | Title: State of Business: Fair & Warmer? | 3/10/1961 | See Source »

...quit school at 14, became a drummer for a dress company, in seven years had a small chain of suburban retail dress stores, in partner ship with an older brother. Drifting on, he lost $75,000 in the stock market, taught driving to the novice customers of a Bronx Chevrolet dealer, sold religious statuettes to the followers of Harlem Evangelist Daddy Grace, drove an ambulance for one day and was fired because several passengers all but expired while he searched for the hospitals of the unfamiliar city...

Author: /time Magazine | Title: Hollywood: Joe Unchained | 2/24/1961 | See Source »

...Super Chevrolet. A "Super Sport'' version of the six-passenger Impala model is being introduced by Chevrolet. It has such sports-car features as heavy-duty springs and shock absorbers, a tachometer, four-speed racing transmission, and a bar for the front-seat passenger to hang on to during high-speed turns. There is a choice of 305-, 340-or 350-h.p. engines, or about 70 to 115 h.p. greater than present Chevy engines. Price: about $700 more than regular Impala models...

Author: /time Magazine | Title: Goods & Services: New Ideas | 2/17/1961 | See Source »

...they can readily sell. To move the cars and save storage expense, a dealer is often willing to sell to a discounter at a small profit-even though the discounter is in competition with other authorized dealers. Some dealers have learned their lesson the hard way. Los Angeles Citizens Chevrolet, once a supplier to discount houses, has stopped the practice. Reason: a discounter failed to pay promptly for his cars and is now facing a possible suit by his creditors...

Author: /time Magazine | Title: Autos: Discounters on Wheels | 2/10/1961 | See Source »

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