After considerable tinkering, the U.S. auto industry finally got itself out of storage last week. The motor was .still misfiring, but it was running well enough to push production to its highest peak since the General Motors strike started. The industry hopes to turn out about 75,000 cars in January—as many as it had turned out all last year.
At first glance, the record looked good. Studebaker, delayed for three months by parts-suppliers labor disputes, finally turned out its first car on Jan. 2. Ford hit its fastest pace to date, 1,223 in one day. Hudson was again producing 250 cars...