STATE OF BUSINESS: Rolling Out the Autos

The upsurge in the economy seemed to be picking up more speed, led by the auto industry. The carmakers, who have been keeping their fingers crossed about their rising sales, last week boosted production to 136,409 cars, the best week this year and the most cars produced since the week of Dec. 13, when the industry was in the flush of the new-model demand. Total auto output was 2,126 over the preceding week and 55,849 ahead of the comparable week of 1958.

In much of the auto industry overtime pay was the rule. Ford's Ford Division was operating six days...

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!