Word: detroits
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Dates: during 1950-1959
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...always important questions when the new models start to roll, but they have a greater significance this year because the answers will have a vital effect on the U.S. economy. For the answers, TIME correspondents spoke to more than 100 dealers around the country, interviewed potential buyers and Detroit's automakers, peeked under the wraps for a look at some of the still secret '59s. To find out what they learned, why 1959 looks like a big car year, and to get a pictorial sneak preview of the new models, see BUSINESS, Fast Getaway. DIPLOMATS have negotiated about...
...DETROIT--The United Auto Workers Union struck and shut down General Motors' widespread auto manufacturing empire in the United States Thursday...
...because the city's plans for the project seemed too high-class for the moderate rents it wanted to charge. Finally, in 1954, a group of citizens, ranging from Henry Ford to the U.A.W.'s Walter Reuther, obtained a 90-day option. With James W. Bell, Detroit City Planner, as coordinator, the group raised $450,000 in loans, set itself a high goal: no regimentation, no restrictions, the most advanced technology and design ("We must be mindful that we are building for 50 to 100 years"), yet a range of prices that would permit middle-income families...
High Return. Accepting the challenge, young (41) Detroit Builder Herbert S. Greenwald and famed German-born Architect Ludwig Mies van der Rohe turned out a design that won architects' praise, bank loans, FHA mortgage guarantees. As fast as they complete one building unit, they pay the city an average of $125,000 for the land. The city then buys more slum land for urban renewal. Not only merchants will profit from the redevelopment; city real-estate tax collections from the area will jump...
...final standings in the majors this year: AMERICAN LEAGUE W. L. Pct. G.B. New York 92 62 .597 --- Chicago 82 72 .532 10 Boston 79 75 .513 13 Cleveland 77 76 .503 14 1/2 Detroit 77 77 .500 15 Baltimore 74 79 .484 17 1/2 Kansas City 73 81 .474 19 Washington...