Word: packards
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...last week granted a 5?-an-hour increase in line with the cost-of-living clause in its contract. Packard's two-week strike ended this week with a 4?-an-hour raise, $125-a-month pensions, and a cost-of-living clause and annual technological raise similar...
During the first six months of 1950, when the rest of the auto industry enjoyed the greatest boom in its history, Packard managed to lose $736,682. While total auto production went up 30%, Packard's dropped 20%. The company's sales had slipped from 13th to 14th place among U.S. cars, just ahead of the DeSoto and Kaiser...
...also been trouble in top management. Last year, when the board of directors began to question the authority of President George T. Christopher, the crack production man who had run the company pretty much as a one-man show for nearly eight years, he quit in a huff. Packard had no one to replace...
After weeks of shopping around, Packard's 65-year-old Treasurer Hugh Ferry agreed to take the job temporarily. Ferry, who had joined Packard in 1910 when some drivers still carried ammonia to squirt at dogs snapping at their tires, was no production man. But he knew Packard inside out, and got the top brass working more smoothly. Dealers have been jacked up, the sales organization expanded and the new model hustled along...
President Ferry thinks that the $20 million which Packard has staked on the new team will pull the company out of its troubles. He hopes to roll out 13,000 cars a month-twice the production rate of the first six months this year-and sell 100,000 new cars by next July...