The U.S. auto industry continued its biceps-flexing last week. Chevrolet's General Manager T. F. Keating announced a 1956 production target of 2,500,000 cars and trucks (against an estimated 2,300,000 this year). Figures on the industry's output for the week seemed to support his optimism: 158,877 cars and trucks off assembly lines, against 126,166 the week before and 59,302 a year earlier.
One reason for the increase was the earlier shift this year to 1956 models, of which more came out last week:
¶Packard boosted horsepower from 275 to 310, making its engine the most powerful yet announced. Other features: electric pushbutton...
To continue reading:
or
Log-In
