Word: chrysler
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Dates: during 1920-1929
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Elected. Alvan Macauley, president of Packard Motor Car Co., to be president of the National Automobile Chamber of Commerce; succeeding Roy D. Chapin (Hudson Motor Co.). Financial gossips and newsmen, who had failed to anticipate the Chrysler-Dodge merger, talked last week about Packard's near-future alliance with Hupp, Hudson-Essex or Nash. They knew that Alvan Macauley had left for Manhattan (from Detroit), had gone into "secret" conference with motormen. Actually the "secret" conference was the regular meeting of the Automobile Chamber of Commerce. "We will continue alone," said Alvan Macauley and took train for Detroit...
Joint Production. Last year Chrysler sold 192,083 passenger cars; Dodge, 205,-260 passenger cars and Graham Bros, trucks. It was a poor year for Dodge: they were changing models; in 1926 they had made 331,764 vehicles. So the current estimate is reasonable - that jointly they will produce 600,000 to 700,000 cars...
General Motors last year made 1,554,557 cars and trucks, and is making more this year. Ford hopes for a 1,500,000 schedule. Next would rank Chrysler plus Dodge...
Spectacular was the despatch from Detroit which the New York Herald Tribune printed: "Another report current in the financial districts is that the present move is only part of a larger plan whereby, when the present deal is completed, Chrysler will enter the General Motors Corporation through an exchange of one share of General Motors common for two shares of Chrysler and that Walter P. Chrysler will become president of General Motors." That may be set down as improbable...
...grandfather, Benjamin Douglass, founded R. G. Dun & Co., business statisticians, credit raters. *His old friends of Hutchison, Kan., know him as a ready host and help when needed. Their children attend each other's weddings; the boys get jobs in Chrysler's factories-at Detroit, Dayton, Ohio, Newcastle, Ind. Mr. Chrysler has paid for an addition to the Kansas Wesleyan University at Salina, Kan. In one Kansas city he built five churches...