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...streaking under the slim poplars and bouncing up the cruel mountain roads at 100 m.p.h. Last week at London's auto show at Earls Court, the tacky-looking autos showed their true faces. Spinning on twin turntables in peaceful repose were two new Mark X sedans, Jaguar Cars Ltd.'s first newly designed big sedans in ten years. A bustling British maker of luxury sedans and speedy sports cars, Jaguar has become Britain's most consistently successful post-war automaker by virtue of its ability to produce high-quality cars at relatively modest prices...

Author: /time Magazine | Title: Business Abroad: Jaguar's Mark X | 10/20/1961 | See Source »

...post as managing director of Britain's Monsanto Chemicals, Ltd., handsome, hard-working John C. Garrels Jr., 47, found himself the only Yank executive among 4,000 employees-and a pretty obvious one. After nine months spent boning up on Monsanto's British subsidiary, Garrels arrives in his paneled London office at a tradition-shattering 9 a.m. (at least an hour before most Britons), keeps his office door ajar (to "see who goes to the bathroom"), first-names his protocol-conscious associates. One of Garrels' big problems will be matching last year's record turnover...

Author: /time Magazine | Title: Business: Personal File: Oct. 13, 1961 | 10/13/1961 | See Source »

Last week New Millionaire Bloom was busy toppling another bastion of British traditionalism. In a land where only 3% of the houses are centrally heated, Bloom's Rolls Razor Ltd. has begun to sell thermostatically controlled heating units at prices that would warm even a Scotsman's heart...

Author: /time Magazine | Title: Business Abroad: Bloom at the Top | 10/13/1961 | See Source »

...Spartan automatic washer-dryer for $144 -40% below competitors' prices. Bloom's first ad pulled 8,000 inquiries, and soon he was selling 500 machines a week. Hoping to cut overhead by opening production lines in Britain, he next made a novel deal with Rolls Razor Ltd. (no kin to automaking Rolls-Royce): Bloom gave Rolls an order to make 25,000 washers, and Rolls in return made Bloom its managing director. Now the two firms are merging-with Bloom in control...

Author: /time Magazine | Title: Business Abroad: Bloom at the Top | 10/13/1961 | See Source »

Rural Resettlement. The Malayan government hopes to cure all its national ills with a heavy dose of economic planning. Among other things, it offers some of Southeast Asia's most generous tax concessions to foreign industries. Aluminium Ltd. of Canada is planning a $1,500,000 aluminum rolling plant at Petaling Jaya, Dunlop has begun construction of a $25,000,000 tire factory, and a Japanese Malayan iron and steel plant will be operating at Lunut by 1964. A massive hydroelectric plant, mostly financed by a $35.6 million loan from the World Bank, is under construction in the Cameron...

Author: /time Magazine | Title: Malaya: Precarious Peace | 9/8/1961 | See Source »

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