In its dealer showrooms across the land, Kaiser-Frazer Corp. this week finally rolled out its small "low-priced car," the four-cylinder, 100-in. wheelbase "Henry J." At $1,300 f.o.b. Willow Run (a six-cylinder model costs slightly more), it was a good bit more than the $1,175 President Edgar Kaiser had promised last February (TIME, Feb. 20). He blamed the difference on higher materials costs and the 12-17ยข wage boost granted recently to K-F's workers.
K-F, which was close to the ragged edge last year when a $44 million RFC loan saved it, had already moved into the black in July with its...
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