Word: romneys
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Dates: during 1950-1959
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...Answer. All this success has raised an important question: Has George Romney won a quick victory at the price of losing...
...hurting much. Last week the auto industry showed promise of the first spring pickup in sales since 1955, chalked up a record near two-year, midmonth high of 174,780 new car sales. Automen are confident of a 5,500,000-automobile year. That is good news for George Romney; the more car sales, the bigger the share he expects...
...will reach almost $35 million, or about $5.80 a share v. $26 million for the whole twelve months of the last fiscal year. For the entire year, American should earn upwards of $50 million, and may easily earn as high as $64 million, or about $11 a share, if Romney's confident expectation of 350,000 Rambler sales holds up. Earnings are piling up so fast that Romney is expected to ask the company directors to declare the first cash dividend since 1954, when it was 12½?; this time it looks as if the dividend will be about...
...market, what will become of American Motors? Some Big Three officials who wrote off the compact and small foreign cars only two years ago now have their own pat answer. Says one high-ranking automan: "Give the Big Three a year or so in the economy market, and Romney will be flat against the wall." But such crapehangers underestimate Romney's passion and skill in battling against odds...
Loyal Owners. Though Romney has loudly condemned annual styling changes (the Rambler has changed little in two years), he will meet the threat of the Big Three's new compact cars by giving Rambler a fresh, crisp look for 1960. If his sales should be hurt, no one doubts that he would completely restyle the Rambler in 1961 to make it competitive with anything that the Big Three can throw...