AMERICAN INDUSTRY.
EFFECT OF CURRENT STRIKES.
From the standpoint of the American motor industry as a whole, doubts are now being raised whether the 5,000,000car year that was envisioned for 1937 will be realised, if production setbacks continue. Detroit sales authorities agree, however, that it is too early to speculate on the effect of the strike situation on the year's output a» a whole. Like the dealers, they foresee the probability that subsequent months will absorb some of the units that ordinarily would have been released, by the factories in January and February. Last year's production of 3,807,371 passenger cars and 809,371 trucks —total of 4,616,857 units—was almost 400.U00 short of the 5,000,000 mark. And 400,000 represents a normal month's production in the industry. It may easily happen, therefore, that, at the end of 1937, the records will show that 1929 was the only year in which the motor industry furnished America with 5,000,-1 000 ears.-—(N.A.N .A.) j
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Auckland Star, Volume LXVIII, Issue 69, 23 March 1937, Page 18
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158AMERICAN INDUSTRY. Auckland Star, Volume LXVIII, Issue 69, 23 March 1937, Page 18
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