Business: Happy Motoring

Detroit last week was enjoying the best spring sales surge since record-breaking 1955. A total of 578,680 U.S. cars were sold in April (up 15% from the same month a year ago). Of that total, 27.5% were compacts. On the strength of the spring buying surge, some of the auto companies were increasing production schedules. Chrysler, with sales up 32% from April a year ago, will step up output in May and June; Pontiac is increasing this month's production. Items:

ΒΆ American Motors' Rambler set a new record for any month with sales of 47,256, up 27% from March, 19%...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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