The first comprehensive sales figures for Detroit's 1964 models came out last week, and they confirmed that the auto industry is off on its third big year in a row. In 1963's last quarter, when the '64s were introduced, sales rose to a record 2,059,291, and more cars were sold last month than in any other December in history. The industry last week scheduled production at 178,639 cars for the week, an 11 % rise over last year. Detroit's performance helped push the Dow-Jones industrial average to a new record of 776.55...
To continue reading:
or
Log-In