Business: Deals & Developments

Automobiles in Low. A survey by the U. S. Bureau of Public Roads of 1931 registrations shows that the number of trucks and passenger cars in use at the end of the year was 731,178 less than in the preceding year, first decline in the U. S. automobile's history. Total 1931 production was 2,472,000 units. In the first half of 1932 911,957 cars and trucks were turned out and the year's total may not run over 1,500,000. Indicative of the low state of the industry was General Motors earnings statement issued last week. For the...

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