Word: motoring
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GUARANTEED ANNUAL WAGE got past a big obstacle. By ruling that Ford Motor Co.'s 5? hourly contributions to layoff plans are not wages, the U.S. Labor Department freed Ford (and other automakers) from including layoff payments in computing overtime-a key condition Ford had set in agreeing to G.A.W...
...Ford Motor Co. kicked off its major 1956 sales pitch last week with a car safety forum in Detroit, announced that no-spring door latches, "deep-dish" steering wheels (many drivers have been impaled on the steering column) and padded rearview mirrors would be standard equipment on all models. Dashboard and visor cushion pads and front-seat belts will be optional but sold at cost ($25). Benson Ford invited the automobile industry to go along with Ford on a safety sales campaign. But not all the automakers were willing to emphasize the chances a car buyer takes when he ventures...
...Manila Bay last week, a motor launch carrying Philippine Vice President Carlos P. Garcia and Japanese Representative Toshio Urabe chugged out to the sunken hulk of the Japanese freighter Seiwa Maru, one of the rusty eyesores that litter Manila's harbor and menace navigation. Urabe solemnly scattered flowers on the glistening waters in memory of the Japanese soldiers and sailors who went down with their ships, under some of the most destructive bombing by the U.S. Navy in World War II. Then a representative of seven Japanese salvage companies poured out an urnful of sake as an offering...
...lawns and gardens. In mid-August the nation's department stores showed a 6% sales gain over the comparable week for 1954. In fact, spending was so free that a cloud of inflation loomed on the horizon. Farm equipment prices moved up (an average, 6% for Ford Motor Co., 7% for Caterpillar Tractor Co. and Deere & Co.); building materials, coal, work clothes and soft goods were edging upward. But Administration economists were carefully watching the trend (TIME...
From Dearborn, Mich, last week sounded the opening horn of the 1956 auto season. Ford Motor Co.'s Lincoln Division parted the curtains on two new models called the Premiere and Capri. In both looks and engineering, they represent a thorough redesign of previous Lincolns. They also represent the beginning of an ambitious campaign. Starting with these two models. Lincoln hopes gradually to edge General Motors' Cadillac from its position as the aristocrat of U.S. cars...