Ever since the end of February, spring has seemed just around the corner for Detroit's automakers. Last week, at the end of March, spring was still not hereand the industry was worried. With dealer stocks up to 729,040 cars as of March 1st and sales 8% fewer in the first 20 days of March than in 1956, the industry cut April-June production schedules 11.1% below the first quarter, 6.5% more than originally intended. About the only encouraging harbinger came from Ward's Reports, which noted that retail auto sales in the second ten days of March jumped 20% over the...
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