Word: forded
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Dates: during 1950-1959
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...THUNDERBIRD for four is selling so fast that Ford will double production this month to 200 a day. Order backlog runs through June; buyers in some areas are paying $500 under the table for immediate delivery...
...federal grand jury began checking into the books of the capital's Ford, Chevrolet and Chrysler dealers' associations; the Justice Department is investigating others throughout the nation. While packing is not illegal when performed by individual dealers, the jury will investigate complaints of dealer associations' price fixing, which is against the law. The Government suspects that dealers who sell one line are forming area associations to make secret fixes of prices of new cars and trade-ins. By agreeing on the size of the pack, they eliminate competition among themselves...
...fever spread fast. Car dealers in 245 U.S. cities were cranking up hardsell campaigns for April or May. Their slogan: "You Auto Buy Now." Many will stage horn-tooting parades through downtown areas, will serve free coffee to all comers in the showrooms, will trim some prices. (Ford cut prices $15 and $16 on some Fairlane models to bring them in line with Chevrolet prices...
...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...
...Strike or Not? At week's end the G.M. talks were recessed for a fortnight, and Reuther got ready to make his demands on Ford and Chrysler. The hard bargaining will come when the current contracts near their expiration dates between the end of May and early June. And though union and management are poles apart, everyone hopes a strike can be averted. At most, the U.A.W. may walk out on one automaker, most likely Ford. A strike against G.M.. the biggest employer, might well flatten the U.A.W.'s $50 million strike chest, while a strike against...