Autos: A Bumper-to-Bumper Crop

Of all the year-end statements customarily made by U.S. businessmen, the most cheerful came last week from Detroit. The nation's automakers have more reason than most to be pleased. Despite crippling strikes that cost them the production of more than half a million cars, it appears that the industry will have its first 8,000,000-car year in history in 1964. By Dec. 10 the automakers had already sold 7,139,135 passenger cars; barring disaster, they are virtually certain to sell another 465,000 by year's end. With sales of 475,000 foreign cars counted in, total...