Word: motoring
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...face. Moody Mike enjoys his cigarettes and whisky, cuts loose occasionally on the trumpet (which he plays with some skill), flies his own plane. He drives solely to win, cares little about how he accomplishes it ("I haven't bloody well got a driving style"). Hawthorn started racing motor bikes as a teen-ager in Farnham, Surrey, where his father ran a garage. Driving for Ferrari and Jaguar since 1953, Hawthorn has gained a reputation for punishing the cars he drives, getting involved in frequent accidents. He has no manager. "Mike couldn't be managed," explained a friend...
...week's end, Fanfani, still moving with brisk efficiency, which has won him the nickname "Il Motorino" (the little motor), got confirmed as Premier by a Senate margin of 17 votes, and this week faces the more crucial Chamber of Deputies, where he is expected to be confirmed only narrowly...
...issue flared bitterly last March when a Vancouver trading company purportedly representing Red China charged that the Ford Motor Co. of Canada, Ltd. had refused to consider an order for 1,000 cars because of the operation of the U.S. Trading with the Enemy Act. Last week's common-sense solution: to review any future cases in Washington and Ottawa, generally free Canadian companies to operate under Canadian rules...
Half a dozen other big companies also reported second-quarter earnings last week. As expected, steel and autos were still in rough shape. Lukens Steel reported sales down 17% (to $51 million), profits off nearly 50% (to $3,000,000) for the first six months of 1958. Ford Motor Co. was even worse off. Its earnings dropped 77% to only $22.7 million in 1958's first quarter, thus failing to earn the 60? dividend. Last week the company gave stockholders more bad news. It cut its dividend to 40? per share, raising speculation that it might have...
Automatic Transgression. In Columbus, Ohio, Raymond Pickens borrowed a 1952 Chevrolet from a used car dealer to try it out, drove it to a vacant lot, where police found him lifting out the motor with a chain hoist he had secured to a tree limb...