Cadillac plant and Oldsmobile price cuts reported in Detroit
The Cadillac plant in Detroit runs the front axle department and operates the Newton milling machine, the world’s only active “Little giant.” Cadillac engineers have also adapted Oldsmobile drill machines. Oldsmobile announces price cuts effective August 1, lowering several models from four to six cylinders and changing touring and roadster prices. Cadillac production reportedly could exceed 145,000 cars in July, with eight-cylinder output as a key milestone in the ongoing expansion.