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...their competitors' offerings, this leaves a gap in Chevy's line, but Chevrolet General Manager Edward Cole defends his strategy by saying that the cheapest big Chevy, the Biscayne. will be competition enough for the Fairlane. Though a lower, horizontally barred grille and a squared-off rear deck give them a more massive look, Chevy's big cars remain unchanged in actual dimensions. Chevrolet's high-performance sports car. the Corvette, and the rear-engined Corvair compact also remain basically unchanged except for minor additions of trim...

Author: /time Magazine | Title: Business: Rites of Summer (Contd.) | 9/8/1961 | See Source »

Next morning, through an incredible mischance, the B-26s were over Cuba half an hour ahead of schedule. Boxer's jets were still on the flight deck. But Castro's jets were ready. Two of the B-26s were shot down; others were hit and forced to abort. That was the melancholy...

Author: /time Magazine | Title: Nation: HOW THE CUBAN INVASION FAILED | 9/1/1961 | See Source »

Ford. Ford's new "intermediate" car (about the same size as standard sedans of the late 40s, though with more interior space) is the Fairlane. Styled along familiar Ford lines with large round taillights, flat rear deck and small canted fins, the Fairlane has a six-cylinder engine, will be produced initially in only two models-a two-door and a four-door sedan. For the pizazz lover, Ford will bring out, in addition to its regular four-seater Thunderbird, a Thunderbird sports roadster. Equipped with wire wheels and a dashboard "assist bar" for nervous passengers to hang...

Author: /time Magazine | Title: Business: Rites of Summer | 9/1/1961 | See Source »

...insists that he is not a speculator. "We buy for permanent investment," he declares, "and can only sell a property with 100% consent of the investing partners." Among his plans for the Empire State: to open a luxury restaurant beneath the highly profitable ($2,000,000 a year) observation deck, plant trees around the base of the building, brighten its cavernous lobbies, and complete the air conditioning of its 1,750,000 sq. ft. of rentable space, which currently has a highly satisfactory 99% occupancy...

Author: /time Magazine | Title: Real Estate: Highest Finance | 9/1/1961 | See Source »

...ancient, potbellied C46 of Cuba's nationalized Aerovias Q had barely broken ground from Havana airport, bound for the Isle of Pines with 53 aboard, when five men rushed the flight deck, guns in hand. Two guards aboard the plane fired their pistols. In the point-blank battle, the pilot, one guard and an attacker were killed. Six others, including the copilot, were wounded. Miraculously, the copilot managed to land in a sugar cane field, and the surviving would-be hijackers fled...

Author: /time Magazine | Title: The Hemisphere: The New Exodus | 8/18/1961 | See Source »

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