BUSINESS ABROAD: Buy-Eyed Over Bugs

The fastest-growing segment of the West German auto industry (world's No. 2, after the U.S.) is the midget-car business. Last week crowds at the opening of the 38th International Automobile Fair in Frankfurt hurried past the halls filled with big, sleek U.S. models, slowed down only slightly in the rooms where a new Porsche hardtop convertible, a new face-lifted Mercedes, Opels, Volkswagens and other German-made regular cars were on display. They finally came to a halt and milled around in the pavilion where midget-auto makers, some of them motorcycle manufacturers, were showing a half-dozen new models added to the score...

Want the full story?

Subscribe Now

Subscribe
Subscribe

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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