Business & Finance: Automotive Notes

The Packard Motor Car Co., in August (generally a poor month) shipped 4,000 cars — best month's record in Packard history. President Alvan Macauley predicted the record would be broken by September sales.

Delays in reconstructing the plant make it seem improbable that Henry Ford will be able to put his new model car on the market before December. In its manufacture he will use salvage steel reclaimed from the fleet of discarded merchant vessels built by the government during the War.

In Detroit, centre of automobile manufacture, 40,000 fewer men are being employed than a year

In August, 1927, a greater number of...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!