Word: forded
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Dates: during 1950-1959
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Libbey-Owens-Ford...
...automakers, hardest hit by the recession, last week gave out the bad news for the third quarter. Ford reported a loss of $21.6 million, bringing the deficit for nine months to $16.2 million, v. $229.5 million profit in the same period last year. Chrysler's ink was even redder: its third-quarter loss of $20-million pushed the loss for nine months to a total of $45.2 million, v. a $103.6 million profit in 1957. Studebaker-Packard, which lost $12.4 million in the first nine months of 1957, lost $22.5 million through this September...
...have any color car you want," Henry Ford used to say, "so long as it's black." The father of modern mass production not only stuck to a few colors, but turned out more than 15 million model Ts over 19 years with hardly a change. Since then the U.S. has changed, and with it the idea of mass production. Today manufacturers not only change their models frequently, but turn out everything from electric irons to autos in a bewildering variety of models and colors. Many manufacturers are now beginning to wonder whether they are doing the consumer...
...martini-once a simple concoction of gin and vermouth cum olive -today's drinker must specify whether he wants it dry, extra dry or desiccated ; with lemon peel, olive or onion; straight or on the rocks; with domestic or foreign gin (high or low proof) or vodka, etc. Ford, which started with a single model car, now offers millions of combinations of color, interior fabric, power, styling and accessories in its autos, could theoretically run at full production for a year and never produce two identical cars. Westinghouse Electric turns out 63 "basic" models of appliances that...
...rise in productivity is vital because it helps offset rising labor costs, a big push behind inflation. So far, productivity is running ahead of 1958 wage hikes; autoworkers settled last month for more moderate terms than in recent years (4% wage rise for Ford). The cost of the new contracts has already been written into 1959 car prices. Said Frederic G. Donner, chairman of General Motors, in Manhattan last week: "I think it's fair to say that the contract, as we have signed it, would not require any further adjustment in prices...