As U.S. automakers began to hit full stride last week, production climbed. At week's end the humming, clanking assembly lines of all manufacturers had rolled out 163,266 cars, chalking up the second-biggest production week in auto history.

(Biggest: 164,876. in the week ending June 17, 1950.) Ford set a post-World War II record; both Chevrolet and Buick scored alltime highs.

But busy as the factories were, auto salesmen were even busier. Helped by the discounting dealers (TIME, Jan. 24), sales were climbing. Said Chrysler President Lester Lum ("Tex") Colbert: "We are selling cars faster than we can make them.

Our problem is to...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!