STATE OF BUSINESS: Open Throttle

Detroit last week gave the nation a graphic picture of just how fast the 1955 boom is accelerating: the three millionth passenger car rolled off the assembly lines. In the industry's previous peak year (1950) No. 3,000,000 was not turned out until late June. At this rate, said General Motors Chief Harlow Curtice, 1955 "could well be the biggest passenger-car year in the history of the automotive industry." GM reported that April was the best month, and 1955's first four months were the best for production and sales of new and used autos in the annals of the corporation.

The....

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