The auto industry, just completing the second biggest year in its history, last week faced the fact that next year would be one of its toughest. In Washington, OPM officials and 56 top-drawer auto executives met behind closed doors for an overdue session of plain talk about the wartime role of the nation's greatest peacetime industry. Upshot: not many automobiles will be made in Detroit next year, but a lot more munitions. Bill Knudsen promised to triple the industry's present defense contracts to $6,000,000,000. But as for the 20% cut in '42...
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