Business & Finance: Mergers: Dec. 3, 1928

Motors. Motorcar makers last week heard of 3 consolidations, completed or pending: 1) Hupp Motor Car Corp. (possibly controlled by William C. Durant) and Chandler-Cleveland Motors Corp. (possibly controlled by the railroading brothers Van Sweringen), forming a $130,000,000 business; 2) Chrysler Corp. and Commercial Credit Co. (Baltimore), to provide instalment sale systems for Chrysler cars; 3) Humber, Hillman and Commer (British) motor interests, as Humbers, Ltd. Object: competition with U. S. manufacturers. Capital: $8,750,000.

Communications. Following British example (TIME, July 16), Radio France, controlling air communications from France to England and 6 continental...

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!