Auto industry outlook after 1970 disruptions and 1971 revival
Babson's Report analyzes 1970 as a year of adversity for autos with a Teamster strike raising freight costs a rubber strike lifting tire prices and a UAW GM walkout cutting output in late 1970. It notes 7.5 million cars produced in 1970 and a stronger 1971 start with Nixon policy boosting near term prospects.
MENTIONED IN THIS ARTICLE
Auto Industry Review
Wellesley Hills
Mass
UAW
Babson Report Projects 1971 Domestic Auto Assembly Rise
The Babson Research Department predicts about nine million domestic assemblies in 1971 with a nine million total, plus an 18 percent first half production gain over 1970. U.S. auto sales stay strong while imports climb to about 1.5 million units in 1971, about 15.4 percent of total sales, aided by smaller car demand and policy factors, despite high costs and foreign competition.
MENTIONED IN THIS ARTICLE
U. S
Nixon
Auto Industry Outlook Bright Despite Tax Hurdles
The piece notes a 7 percent excise tax estimated at $200 per car and a 10 percent import surtax boosting domestic manufacturers. It highlights automation and new materials lowering costs, plus a President's tax credit proposal to aid the sector. Babson favors Raybestos-Manhattan and Weatherhead in NYSE for auto supplier exposure.
MENTIONED IN THIS ARTICLE
Babson's Reports
NYSE
Raybestos-Manhattan
Weatherhead Company
Piccolo Tops Wind Instrument Tone in Classifieds
In Enterprise Classifieds a note highlights the piccolo as the highest toned wind instrument. The brief item positions it among wind instruments with emphasis on pitch.
Judge Roy Bean Relics Move to Langtry Visitor Center
The pistol handcuffs book and notary seal of Judge Roy Bean, once kept in Langtry, Texas, are now on display at the Texas Highway Department's Judge Roy Bean Visitor Center. The artifacts, preserved since Bean's death, sit in a secure case near the Langtry site, with dioramas and narrated programs. He remains a legend, though the relics are freely accessible to tourists from across Texas and beyond. Heirs of W H Dodd facilitated the loan of the Bean items to the center.
MENTIONED IN THIS ARTICLE
Roy Bean
Pecos
Texas Highway Department
Langtry
Bean
Highway Department
Department
Texas
California
Canada
W. H. Dodd
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