AUTOS: George Does It

American Motors President George Romney, who has staked the future of his company on the small car, last week raked in a fat pot. In the first quarter (which ended Dec. 31) of its current fiscal year, American Motors had a net profit of $4,948,736 v. a loss of $2,994,613 in the same period a year ago. The first quarterly profit in two years was due to the upsurge in Rambler sales, which rose 35% over last year's first quarter as production climbed to 41,492 cars.

Output in the first quarter of 1958, said Romney, is scheduled at a higher rate...

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