Everyone agrees that the recession has just about run its course. But before anyone draws an easy breath, he wants to see what will happen to the automobile industry this fall.
This week, without contracts and with a vague strike threat in the air, furloughed Detroit workers were back on the assembly line, putting together cars for a new and hopefully better model year. Down the line with a clatter came the first 19595. Buick was slated to start first; four Chrysler divisions—Dodge, De Soto, Chrysler and Imperial—planned to tailgate close behind. Chevrolet and Plymouth were both to close out their 1958...