Word: chryslers
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Dates: during 1930-1939
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...Cyril drew his sad conclusions from 3.000.000 words of testimony presented in a 62-day trial of a British law suit against Walter P. Chrysler, his motor corporation and several of his high command. Eight years ago Chrysler Corp. bought out its British-owned distributors. Chrysler Motors, Ltd.. which was making handsome profits on its Chrysler franchise. Some of the stockholders in the London agency claimed that they had been persuaded to sell their stock under threats, that they had not received the true value of their shares. Led by Arnold de la Poer, former director of the British...
...plants, it was named the Lincoln-Zephyr. Powered with a V12 engine, it is currently made in only two models, a two-door sedan at $1,275 and a four-door at $1,320. Its body construction, like that of the closed Cord models, stems straight from Walter P. Chrysler's adventures in aerodynamics: like the Airflow Chryslers and De Sotos, the Zephyr has no conventional frame; wheels, engine and running gear are mounted directly on the rigid, trussed, steel body...
Hupp lost $4,398,000 in 1934 and $880,000 in the first four months of 1935. Then President Vern R. Drum, who used to work for Chrysler, took office, reduced costs, cut losses, added dealers. But Hupp is still in the red and, though nine-month sales were 35% ahead of 1934. they add up to only 6,018 cars...
...Three. Meanwhile, the Big Three have grown bigger & better. Chrysler, which last summer moved Walter P. Chrysler to the chairmanship and elevated Kaufman Thuma Keller to the presidency, made $18,000,000 in the first six months of 1935. nearly twice its earnings for the full year of 1934. Nine-month sales for the Chrysler group totaled 488,625 cars, about a 40% increase over the 1934 period and about 23% of all U. S. sales. The stock has been a big favorite in the current bull market. On April 1. 1935 it sold at, 34, closed last week...
...Vanderbilt III, Walter C. Teagle, Myron C. Taylor, Felix M. Warburg, Clarence H. Mackay, Newcomb Carlton, Percy S. Straus, Clarence M, Woolley, Frederick H. Ecker, Edward S. Harkness, Joseph P. Day, F. Trubee Davison, George Le Boutillier, Henry Morgenthau Sr., Henry S. Morgan, Alfred P. Sloan Jr., Walter P. Chrysler, James G. Blaine, Charles Hayden, Charles E, Hughes Jr., Harry Harkness Flagler, Thomas I. Parkinson. The company: New York World's Fair, 1939. Its purpose: to celebrate the 150th anniverary of George Washington's inauguration and the establishment of New York City as Nation's first capital...