STATE OF BUSINESS: Shift to High Gear

The automobile industry broke all production records during the first quarter of this year. It turned out 1,573,000 cars and trucks—20% over 1940. Last week these production figures were translated into record-breaking sales reports: General Motors' first-quarter retail sales (608,702) were the highest ever, up 45% over 1940.

Other record breakers: Chrysler Corp. (up an estimated 40% over 1940), Studebaker (30,298, up 35%), Nash (26,195, up 100%).

Today Detroit is working hard against the day when a tight labor market and priorities will cut its output. Substitute materials are already under study. Next year zinc die castings (for radiator grilles, spotlight...

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