BUSINESS ABROAD: Babies for Britain

In Europe's postwar auto market, small cars have walked off with the honors and most of the sales. Last week at the 38th International Motor Show in London's cavernous Earls Court, British automen put in their biggest bid for the booming '"baby" market. On display, along with such sporty models as the low-slung Singer SMX, went the new Standard Eight ($956) and a larger, more powerful version of the Ford Anglia ($1,008). Feature of the show: the two cheapest production cars in the world. One was the Austin A30, a two-door, four-cylinder, 30-h.p, model costing $938. The other was...

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