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...Sherwood Harry Egbert, president of Studebaker-Packard, barreled down the test track at the company's South Bend plant one day last week in a sleek sports coupe, the likes of which no U.S. motorist has ever seen. Still shrouded in deep corporate secrecy, the new car was nonetheless already the talk of Detroit. Christened Avanti (Italian for "Forward"), it is finless, aerodynamically clean, and fast; it may well prove the most talked-of car turned out by any U.S. automaker since Ford Motor Co. introduced its first Thunderbird...

Author: /time Magazine | Title: Autos: Avanti, Studebaker! | 4/13/1962 | See Source »

...borrowing some styling ideas from Germany's Mercedes-Benz, which S.P. markets in the U.S. Despite a six-week strike earlier this year, Studebaker has boosted its market share from 1.3% to 1.9% in early March. To demonstrate his confidence that S.P. is here to stay, new President Sherwood Egbert last week announced the purchase of a new company, Paxton Products. It manufactures superchargers...

Author: /time Magazine | Title: State of Business: Where Autos Are Headed | 3/30/1962 | See Source »

...zero, and so did labor relations at South Bend's Studebaker-Packard plant, strikebound for three weeks. As pickets huddled to keep warm one day last week, a black Mercedes-Benz picked a path toward the main gate. At the wheel was Studebaker's Hollywood-handsome president, Sherwood Harry Egbert, 41. Pickets closed around his sedan, refused to let Egbert through unless he showed a union pass...

Author: /time Magazine | Title: Business: The President & the Picket | 1/26/1962 | See Source »

Since the union hit the bricks, U.A.W. and S.P. negotiators have both stood their ground. All this was no Lark to South Bend, whose economy spins around Studebaker-Packard. Also somber were the parting words of Sherwood Egbert as he left for a brief business trip to Europe: "Don't forget, the labor problem is not our only problem...

Author: /time Magazine | Title: Business: The President & the Picket | 1/26/1962 | See Source »

...circumstance to speak discourteously to your mother, as that is not only unAmerican, it is un-Chinese." But the old, pure, wonderfully hammy love for all humanity is lacking. And there is a new note of peevishness. Herewith, a list, probably incomplete, of Saroyan's pet hates: actors, Sherwood Anderson (in his later years), bankers, Bernard Baruch, bestsellers, great men, school principals, insurance policyholders, lawyers, Mount Rushmore, New Yorkers, playwrights (Saroyan excluded), psychiatrists, Shakespeare (not altogether), Shaw (ditto), tapioca, teachers, the world...

Author: /time Magazine | Title: Books: Proud to Be Great | 1/26/1962 | See Source »

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