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Detroit's pessimism, like its unemployment, is more than merely a symptom of the U.S.'s current recession. The recession only made chronic trouble acute. Memories of dead or departed auto companies-Hudson, Packard, Kaiser-Frazer-remind Detroiters that trouble in the auto industry can have something to do with bad management. "You know," says a businessman, "when we were the arsenal of democracy, there was a great premium put on inefficiency of operation. The more payroll a company had, the more profit it would make on the cost-plus arrangement. And when the war ended, there...

Author: /time Magazine | Title: National Affairs: RECESSION IN DETROIT | 4/14/1958 | See Source »

...chiefly for transportation. As demand grew for wider and longer cars with more room and comfort, Detroit changed the once small cars into big ones. From 1938 to date, Chevrolet has grown two feet overall; Ford has grown four feet since 1928. Both are now bigger than the Pontiac, Packard or Oldsmobile of ten years...

Author: /time Magazine | Title: AUTO PRESTIGE: Conspicuous Consumption Is Waning | 3/31/1958 | See Source »

Dramaliturgy. In Baltimore, the Rev. George F. Packard, illustrating a sermon, produced a rubber-band-propelled model rocket (decorated with orange fins and the word "Soul"), created an illusion of blast-off by dropping Dry Ice in water at the moment of launching, sent the missile to the ceiling of St. Mary's Episcopal Church, cried: "Confirmation launches us into the flight of life, and the fuel is Holy Communion...

Author: /time Magazine | Title: Miscellany, Mar. 31, 1958 | 3/31/1958 | See Source »

...expected, he feels it does. American's January production of its small Ramblers was up 163% over the same 1957 period, and Romney expects "a substantial profit in 1958." Every other automaker had a January production slump. Chrysler slashed output 54% below the same period last year, Studebaker-Packard was down 59%, Ford 34%, General Motors...

Author: /time Magazine | Title: AUTOS: Break 'Em Up | 2/17/1958 | See Source »

...help. Good Samaritan Sprinkle found a rifle at his head. He rushed the gun, grappled with Starkweather, got the rifle just as Deputy Sheriff William Romer happened by. Caril Fugate leaped out of the car and ran screaming to the deputy. In the confusion Starkweather climbed into his stolen Packard, sped away as Deputy Romer radioed ahead for a roadblock. Starkweather raced through the roadblock at better than 100 m.p.h. with the cops in hot pursuit, stopped when a police rifle bullet ripped through the Packard and shattered the windshield...

Author: /time Magazine | Title: CRIME: Even with the World | 2/10/1958 | See Source »

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