Word: chrysler
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Dates: during 1940-1949
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...lagging K-F sales is price. Competing automakers reckon that the Kaiser and Frazer should sell for around $1,600. But the Kaiser is now up to $2,029 and the Frazer up to $2,220 F.O.B. Detroit. At such figures, car buyers can get a Cadillac, Buick or Chrysler. Apparently many of them have decided to wait until new cars with old names are ready for them...
...veterans' houses (TIME, Nov. 11, et seq.). Then, RFC had turned Lustron down flat on the grounds that Lustron was putting up too little of its own capital ($36,000), stood to make a 14,000% profit. Lustron also tried and failed to get the Government-owned Chrysler-Dodge plant in Chicago...
...threat of a steel strike postponed, Congress was less likely to rush restrictive labor laws. Meantime, also, management might find where it stood in the "portal-to-portal" pay controversy (see BUSINESS). The same day, the United Auto Workers' Walter Reuther made a similar 30-day deal with Chrysler...
...room. From there, he usually goes to New York each Monday night, goes back each Thursday night. As befits a railroad baron, he always travels in his private car. His Cleveland office is a Kubla Khanish relic of the Van Sweringens. But his offices in Manhattan's Chrysler Building are small and unlisted on the building directory. He does not need a large office because "I carry the business in my head...
...Detroit, Walter Reuther made his demands on Chrysler: 23½? more an hour, with enough fringe raises to bring the total to 30?. In Pittsburgh, Phil Murray was dickering for a "substantial increase" for his steelworkers. Now, as last year, labor insisted that higher living costs must be met with higher wages...