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...more optimistic than other carmakers are about their electrics. Ford last week admitted that any use of its new sodium-sulphur battery (TIME, Oct. 21, 1966) is still ten years away. General Motors sees little chance of bringing down the $15,000 it would cost to produce the silver-zinc batteries in its Electrovair II prototype. But the planning goes on, and should ultimately produce practical results. Among other names and notions being concocted by A.M.C. Styling Chief Richard Teague is a car called "the Voltswagon...

Author: /time Magazine | Title: Autos: Next: the Voltswagon? | 12/22/1967 | See Source »

...Democratic Senator Ernest Rollings meanwhile got 68 Senate cosponsors for a bill that would reduce imports of textiles from 2.7 billion sq. yds. a year to 1.7 billion sq. yds. In all, the seven bills would lower imports on a range of products including beef, mutton, veal, mink skins, zinc, footwear, oil, watches and dairy products. Even liberal Senators, under badgering from home, seemed sympathetic. Wisconsin Democrat William Proxmire sided with the dairy interests. Both Kennedys agreed to sponsor quota measures opposed to the spirit of the Kennedy Round, which was named after their older brother...

Author: /time Magazine | Title: World Trade: Backward March | 10/27/1967 | See Source »

...conglomerate companies like Gulf & Western Industries, such mergers have had spectacular results. Under Chairman Charles Bluhdorn, Gulf & Western, which a decade ago was an ailing Houston auto-parts company, has gobbled up one company after another (among them: Paramount Pictures, New Jersey Zinc) to balloon into a $1 bil-lion-a-year operation. A pioneer in the conglomerate-building field, Los Angeles' Litton Industries, which was started almost from scratch by Chairman Charles B. ("Tex") Thornton (TIME cover, Oct. 4, 1963) and President Roy Ash in 1953, is still building. Last week, Litton (1966 sales: $1.2 billion) arranged...

Author: /time Magazine | Title: Corporations: Double the Profits, Double the Pride | 9/8/1967 | See Source »

...Fair Balance." For textiles, the U.S. granted only 20% reductions, but of the 5,700 dutiable items on the nation's present tariff schedules, only 211 were excluded entirely from the negotiations (among them: petroleum, sheet glass, zinc, lead, safety pins, umbrella frames, briar pipes and baseball gloves). The Common Market kept such items as heavy commercial vehicles and computers (except for those using punch cards) out of the dickering. Jean Rey, the Belgian chief negotiator for the Common Market, called his group "extremely satisfied" with the outcome-a reaction echoed by most governments. Secretary of State Dean Rusk...

Author: /time Magazine | Title: Tariffs: The Bargain at Le Bocage | 5/26/1967 | See Source »

Advanced work on electric cars still centers around cheaper, more powerful batteries. General Motors, for example, is continuing work on high-capacity silver-zinc batteries, though they are still inordinately expensive. Ford has designed a sodium-sulphur battery that could drive a Falcon-sized car up to 130 miles at 50 m.p.h. Scientists agree that a production car using a version of either battery is still five to ten years...

Author: /time Magazine | Title: Autos: The Westinghouse Rebellion | 4/14/1967 | See Source »

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