Autos: Payoff

American Motors' scheme to reward its customers when sales are good seemed to be paying off last week. During the first part of December, in a slipping auto market, sales were only 1.7% above the 1959 rate. After President George Romney announced at midmonth that a $25 U.S. Savings Bond would go to car buyers during a four-month period for every 10% increase in sales over the preceding year, sales shot up, finished 15.9% over December 1959. Last week American Motors began sending out $25 bonds to 34,971 car buyers. Among the recipients: General Motors Corp., which had purchased...

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