Further Increases Seen in Market for Small Cars
Kenosha Wis GP i fur ther substantial increase in the American market for compact and smaller automobiles was predicted today by George Romney president of American Motors Corp Romney made the prediction in an address prepared for delivery at the corporation s national preview of 1959 model cars He said the smaller cars could take 15 per cent of total sales Average overall sales estimates for next year have been approximately 3 5 million units Sale of imported small cars this year plus American Motors sales models have accounts see for about 10 32 per cent of fall car sales Romney said he expected industry sales generally to increase next year and that he expects Rambler sales to increase substantially more than the industry as a whole He said he viewed the coming of General Motors Ford and Chrysler into the smaller car field as offering competitive advantages for Rambler
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George Romney
American Motors Corp
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Contestant Caught in Isolation Booth on ABC Quiz Show
New York reports an ABC TV quiz program incident where contestant Barns entered an isolation booth answered questions and attempted to exit. Cindy Lindt, an assistant to the producer, was mentioned in connection with the scene.
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New York
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Carson
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GM Finishes Its Fabulous Firebird III
GM completes a drag car concept named Firebird II with turbine and piston subsystems. A 225 hp gas turbine drives rear wheels while a 10 hp piston engine actuates accessories and a 110-volt generator supplies power. The car features an aerodynamic fiberglass body, gull wing doors, and 119 inch wheelbase.
Toots Shor Sells Midtown Restaurant Lease
Toots Shor has sold his midtown restaurant lease to William Zeckendorf. Webb & Knapp owns the parcel on List Street and 2nd Street, with plans rumored for a luxury hotel on 6th Avenue. The 90,000 square foot site was amassed for Webb & Knapp by Equitable Life Assurance Society at a price reported well over 10 billion dollars.
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