Business & Finance: Step Down

With its low-slung, "step-down" car, Hudson Motor Car Co. had been competing with Buick, Oldsmobile and De Soto. This week, Hudson unveiled a smaller, cheaper car to compete with Pontiac and Dodge. The new Pacemaker looks like current Hudsons, but has a shorter wheelbase (119 in. v. the Super-Six's 124), a shorter hood, smaller engine (112 h.p., six-cylinder), and a lower ($240 to $265) price. It ranges from $1,675 f.o.b. Detroit for the three-passenger coupé to $1,795 for the four-door sedan.

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