OPS last week gave the Ford Motor Co. the green light for a price boost averaging close to 5% on 1952 models. But Ford said no thanks. Instead, Ford boosted prices a scant 3% on most models, actually reduced prices slightly on three. Ford was following the lead of General Motors, which did not take the full hike permitted by OPS under the Capehart Amendment.
The auto men could still change their minds and revise prices up to the ceiling. But they were taking no chances of pricing their cars out of the market. In the past six years, car prices...
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