Word: chryslers
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Dates: during 1930-1939
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...labor no new union has had more spectacular success than the United Automobile Workers of America, no labor leader of the past year has achieved more fame than the Auto Workers' brisk and boyish president, Homer Martin. Eight months ago, armed with contracts from General Motors and Chrysler, a membership of 375,000, an overflowing treasury and the enthusiasm of youth, the U. A. W. prepared to shift into high and charge the unconquered Ford fortress. Last week the sound of grinding gears could still be heard...
...only important victory. Martin and Frankensteen took the stump personally, and their ticket was returned by nearly 2-to-1. But Detroit's bustling West Side local, with another 30,000 members, re-elected Unity Leader Walter Reuther by 4-to-1. Roland J. Thomas, president of the Chrysler local, a vice president of the international union and an intimate Martin-Frankensteen aide, was defeated by a Unity candidate. The net results in the country as a whole indicated that Unity had gained at the expense of the Progressives...
...three weeks forgot to talk about Richard Whitney. They were too busy reading that U. S. Steel was down to $44, U. S. Rubber to $25, American Telephone & Telegraph to $117.50, N. Y. Central to $10.50, Pennsylvania R. R. to $15. Westinghouse to $70, Electric Bond & Share to $5, Chrysler to $41. Gloomiest statistic of all was the Dow-Jones industrial average, 106.6, lowest point since June...
...third of the deals were "clean" (i.e., cars sold without a car being traded in). Sales ran from two and one-half to three times the normal weekly turnover. Best sellers were the highest-priced models. Ford dealers sold an estimated 57,000 units, General Motors 65,000, Chrysler 30,000. Last week WPA announced that for the first time in four months Detroit relief rolls fell. Said Ford Sales Manager John Raymond Davis, who conceived the used car drive: "From 30% to 60% of the transactions made by our dealers were for cash. This is a healthy situation...
Late in January, A. M. A. President Macauley (Packard) and a group of other automotive presidents including Ford's Edsel Ford, Chrysler's K. T. Keller and General Motors' William S. Knudsen were closeted for nearly two hours with President Roosevelt. No one would reveal then or last week precisely what went on, but it was admitted that the President said something must be done to haul the bemired automobile industry out of the slump...