Word: forded
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Dates: during 1950-1959
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...OUTPUT begins as Ford, Chrysler, Studebaker complete model runs and join all other producers except G.M. in shutting down for the 1957 model changeover. Carryover of current models is down to manageable figure of less than 600,000 v. 750,000 a year...
...dealers, who, instead of placing their trade-ins at wholesale auctions, are selling them in their own lots to make up for sagging new-car profits. A good used auto often brings a dealer as much profit as a factory-fresh '56 model. Said one Boston Ford dealer: "You take a car that we buy for $1,000. We fix it up a bit, then sell it for $1,200 to $1,250. Our profit runs $100 to $150. That's about as good as we've been doing on our new cars...
...FORD CAR, to go into production next year, will sell in the $2,600-$3,700 range, the only price bracket in which Ford does not now compete with General Motors (Buick, Oldsmobile) and Chrysler (De Soto). Ford has budgeted $250 million to bring the six-model line into production, will spend up to $150 million more to build a 1,400-dealer sales and service force, may call the car the "Edsel...
Dawn was breaking over Edwards Air Force Base at California's Muroc Dry Lake when the husky, dark-browed test pilot chugged up to the flight line in a battered model A Ford coupe. Lieut. Colonel Frank K. Everest Jr., 35, wiggled into his girdle-tight high-altitude suit, picked up his crash helmet and headed for the runway where a four-engined B50 waited. Clamped tight to the B-50's fat belly was "Pete" Everest's aircraft-a sleek, needle-nosed little job with "Bell X2" painted on its sides...
Houston's prospering Negroes spend more for housing (mostly rent) than whites, less for clothing and autos. Still, 53.9% of the Negro households in the poll owned autos. (Their preference, in order: Chevrolet, Buick, Ford, Cadillac.) Negro personal savings, proportionately, are double the savings of Houston families in general...