AUTOS: Foreign-Car Speedup

Making its first big drive into the, Italy's Fiat showed off a line of seven cars in Manhattan's Waldorf-Astoria hotel last week. The star: Fiat's tiny bug-shaped Model 600 Standard, which is priced in the U.S. at $1,298. Fiat's other models range from a two-seater 90-m.p.h. sports convertible (U.S. price: $2,498) to a six-seater combination truck-station-wagon ($2,069). The company's U.S. sales goal is 30,000 in 1957 v. about 125 that trickled in last year. Fiat's Manhattan distributor claims to have 5,000 orders already.

Besides Fiat, 16 foreign companies are making a determined bid for the U.S....

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