Word: chrysler
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Dates: during 1950-1959
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...last year. Pharmaceuticals were also up. Abbott Laboratories' sales for the nine months increased 12%, while profits rose 16%. G. D. Searle & Co. reported quarter profits up 21% on a sales boost of 18%. In the auto industry, General Motors' earnings were off 11%, but Chrysler and Ford both reported huge increases (see Autos...
With the services competing hotly, the U.S. had upwards of 40 assorted missiles under development by 1950, when Defense Secretary George Catlett Marshall called in Chrysler Corp.'s gruff President K. T. Keller to bring order out of the chaos. Despite service wails and groans, Keller canceled more than half the missile projects. But after he left the Pentagon in 1953, no overall missile boss with equal authority and toughness succeeded him, and the services promptly started backsliding into uncurbed competition...
...CHRYSLER CORP. will move assembly lines closer to markets to cut rising transport costs. No. 3 automaker will build 3,500-man plant about 20 miles southwest of St. Louis, planp to have it operating in 1959 to replace two 30-year-old plants in Evansville, Ind. Shift gives Chrysler better national spread; other major plants are in Delaware, Detroit, Los Angeles...
Having upped its share of the auto market from 15% to nearly 21% with its high-finned, flying-wedge "forward look," Chrysler Corp. is in no hurry to make any drastic changes. But while keeping the same finned look, President Lester Lum ("Tex") Colbert announced some innovations in 1958 models designed to attract still more buyers. One noticeable style change is the addition of "control tower" windshields that wrap up into the roof as well as around, making it easier to see overhead traffic lights. New accessories include a rear-view mirror on the left front fender that...
...LUXURY BUICK will be brought out next month in $5,000 class to compete with Cadillac, Lincoln and Chrysler Imperial. Dubbed the "Limited," car will measure 223 in. from bumper to bumper (8 in. longer than Roadmaster), will come in hardtop or convertible models with power windows, power steering, air-suspension ride and automatic transmission as standard equipment...