The auto industry's Little Two this week brought out the new models that will make them or break them in 1958 and the Big Three rooted anxiously from the sidelines. No automaker wants either American Motors or Studebaker-Packard to go under; it would inevitably lead to cries of monopoly, and possible trouble with trustbusters. Of the two, American Motors made the more drastic changes.
Instead of trying to compete with the giants all across the board, it hopes to turn a profit by concentrating on the two areas where sales are climbing...
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