Word: coste
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Dates: during 1950-1959
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GERMAN FORDS will start rolling into U.S. foreign-car market (now 5% of all sales) next month. Ford will bolster its fast-moving line of English-made cars by bringing in 5,000 sporty "Taunus" models, which get up to 35 miles per gal. Cost: around...
...grins vanished when Walter Reuther spelled out what he thought General Motors could afford. In ten hours, the U.A.W. negotiators rattled off a package that could cost G.M. $555 million a year. Demands...
...slice of all pre-tax profits above 10% of the value of shareholders' equity, i.e., the value of stocks plus surplus. Had the plan been in effect last year, each U.A.W. worker would have drawn a bonus of $591 at G.M., $500 at Ford, $323 at Chrysler. Estimated cost to G.M.: $275 million...
...wage boost of 3.9%, which would average 9? an hour, reflecting the 3.9% average yearly increase in productivity of U.S. manufacturing and farm workers between 1947 and 1956 (although last year's productivity went up only 1.6%). Cost to G.M.: $63 million. ¶ Better unemployment benefits totaling, together with state benefits, 80% of take-home pay for a full 52 weeks. Auto-workers now get 65% for the first four weeks and 60% thereafter for a maximum of 26 weeks...
...Full company-paid medical insurance for workers and their families (v. 50% payment at present); higher pensions, tied, like wages, to cost-of-living escalators; moving allowances and severance pay for workers dislocated by plant shifts...