Word: cometted
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...total, $100 million went for production facilities, which will be used to produce Ford's second entry into the compact-car field next spring. As a running mate for the Falcon, Ford plans a slightly larger, more luxurious compact model that it originally thought of calling the Edsel Comet. Now the new car will just be called the Comet...
This is just a prelude. Next spring Ford will roll out a compact Edsel called Comet. In a year Buick, Oldsmobile and Pontiac will come in both compact and regular sizes. All told, Detroit is betting $700 million on these cars-about $150 million on the Corvair, $100 million each for Falcon and Valiant, $350 million for the "bigger" compacts. How well this huge gamble pays off will affect not only Detroit, but automakers and buyers round the world. Says West Germany's Heinz Nordhoff, president of Volkswagen, with some understatement: "1960 will be the most interesting year...
...long-range, pure-jet market, Britain washed out. De Havilland, still suffering from its fatal Comet crashes, has sold only 36 commercial Comets, all but ten to British lines. Foreign lines have shown a marked preference for the bigger, faster U.S. jets. As for military sales, Britain has practically abandoned planes, and missile orders are comparatively small, since the U.S. has supplied Britain with many such weapons. English Electric's hot (Mach 2) P.1 Lightning all-weather night fighter, now abuilding, will not only be the Royal Air Force's first truly supersonic fighter, but very likely...
That task accomplished, the Queen, who in 15,000 miles of travels had seen and been seen by more Canadians than any. other reigning sovereign in history, gave gracious thanks for her welcome and flew home across the Atlantic by Comet jet. Her long, sometimes too arduous tour was more a personal success than a triumph of monarchy in highly independent, increasingly nationalistic Canada. Elizabeth's visit, both in her formal role, officiating with President Eisenhower at the opening of the St. Lawrence Seaway, and the informal journeys that followed, was a symbol of the Commonwealth to which Canada...
...Export Association of New Orleans invested $35,000 in a market analysis, learned that most European groceries sell rice out of bins; thus the European housewife often does not know whether it will cook up as firm, separate kernels or a gluey mess. One U.S. rice processor, Dallas' Comet Rice Mills, is now invading European retail stores with brightly boxed, consumer-size-packaged rice, reports promising sales...