Word: huppe
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Motors. Motorcar makers last week heard of 3 consolidations, completed or pending: 1) Hupp Motor Car Corp. (possibly controlled by William C. Durant) and Chandler-Cleveland Motors Corp. (possibly controlled by the railroading brothers Van Sweringen), forming a $130,000,000 business; 2) Chrysler Corp. and Commercial Credit Co. (Baltimore), to provide instalment sale systems for Chrysler cars; 3) Humber, Hillman and Commer (British) motor interests, as Humbers, Ltd. Object: competition with U. S. manufacturers. Capital...
...Profits. Hupp Motor Car Corp. declared an extra dividend and announced that its net profits for the first six months of 1928 would reach a new record of $4,000,000. The H. H. Franklin Manufacturing Co. (air-cooled motors) resumed dividends on common stock for the first time since...
...Hupp Motor...
...Alvan Macauley, president of Packard Motor Car Co., to be president of the National Automobile Chamber of Commerce; succeeding Roy D. Chapin (Hudson Motor Co.). Financial gossips and newsmen, who had failed to anticipate the Chrysler-Dodge merger, talked last week about Packard's near-future alliance with Hupp, Hudson-Essex or Nash. They knew that Alvan Macauley had left for Manhattan (from Detroit), had gone into "secret" conference with motormen. Actually the "secret" conference was the regular meeting of the Automobile Chamber of Commerce. "We will continue alone," said Alvan Macauley and took train for Detroit...
...Hupp...