1959 CHEVY will be radically redesigned. Scrapping plans for a facelift, General Motors has kicked off a crash program of retooling to make car larger and restyle its rear. To trim remodeling costs, G.M. will build all its future cars (except Cadillac) around one basic body shell instead of the three used now.
CORPORATE PROFITS rose 1% in 1957 over 1956, says Manhattan's First National City Bank in survey of 2,474 key companies that account for about one-third of total business earnings. Biggest gainers: tobacco, shoe, drug, steel, and auto companies. Losers: textile, clothing,...
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