Word: tractored
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...Harm from Piggybacking. With 37% of the truck market, Chevrolet easily leads other truckmakers in sales, is followed by Ford and Harvester. The two hottest sellers are the Mutt and Jeff of the industry: the small delivery truck and the huge tractor-trailer. Chevrolet's 61 models have cornered 78% of the small-truck market, which has mushroomed until it now accounts for 76% of all truck sales. The light trucks have even inspired some leisure-time cousins: small, rugged vehicles that are designed for camping, recreation and family hauling. To satisfy this market, Chevrolet has introduced the Chevelle...
...market is equally strong in the big-truck field-dominated by Harvester, White Truck and Mack-in which volume is lower but individual price tags vastly higher. Most orders come from interstate freight lines and are for huge tractor-trailers. Railroad piggybacking has not harmed this market as truck makers feared it would. Railroads still need trucks to haul trailers off freight cars and on to destinations; besides, trucks are still the most economical carriers for runs under 500 miles...
Private industry is also stepping up its spending. Volkswagen is laying out $100 million to double its plant capacity, and Ford is investing $30 million to enable its truck and tractor factory to assemble automobiles as well. Alcoa has set up a pilot company as the first step toward establishing a $51 million aluminum works. The most hopeful investment field is in petrochemicals, where the government recently broke the long-held monopoly of state-owned Petrobras to attract more efficient private companies. Some ten corporations, including Jersey Standard, Gulf, and Phillips Petroleum, are now actively studying the investment possibilities. Brazil...
From European banks, such companies as Celanese, General Motors and Caterpillar Tractor have borrowed tens of millions of dollars. The costs are steep -even for prime borrowers, little money is available in Europe for less than 7%, v. about 5% in the U.S. These premiums stand to cut the U.S. companies' foreign earnings, which have been growing faster than domestic earnings. To make borrowing easier, Dow Chemical has bought an interest in an Amsterdam bank, soon will open a wholly-owned bank in Zurich...
...Upon a Tractor, a TV special promoting the U.N., she jumps on the Bond-wagon with a chase across several mythical countries, disguising herself as a soldier with brown wig and handlebar mustache, leaping off a pier into the Tiber River-all to elude villains long enough to plead a cause before the U.N. The real James Bond would have had no use for any one of them. He liked his girls dependent. As he observed in Goldfinger, women of the Jane Bond type are simply "unhappy sexual misfits-barren and full of frustrations, girls whose hormones have got mixed...