Word: fiat
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President Sukarno's ambitious attempt to resolve his country's chronic crises by executive fiat got off to a crackling start last week beneath the lofty colonial ceilings of the summer palace at Bogor, 30 miles up in the Javanese hills from the sweltering capital of Djakarta...
Making its first big drive into the U.S.market, Italy's Fiat showed off a line of seven cars in Manhattan's Waldorf-Astoria hotel last week. The star: Fiat's tiny bug-shaped Model 600 Standard, which is priced in the U.S. at $1,298. Fiat's other models range from a two-seater 90-m.p.h. sports convertible (U.S. price: $2,498) to a six-seater combination truck-station-wagon ($2,069). The company's U.S. sales goal is 30,000 in 1957 v. about 125 that trickled in last year. Fiat's Manhattan...
...Besides Fiat, 16 foreign companies are making a determined bid for the U.S. second-car market this year. The top seller, Germany's Volkswagen, is already racing 23% ahead of last year's rate of 50,000 U.S. registrations. France's Renault so far this year has sold 3,970 cars v. 2,910 in 1956, figures it will reach 20,000 for the year. Britain expects to sell 50,000 to 60,000 cars in the U.S. during 1957. It has solid ground for such optimism. January-February shipments of British cars to the U.S. reached...
...Promotions and appointments by presidential or administrative fiat are unconstitutional and unknown there. The faculty would never tolerate them in any way; nor could the role of the faculty in the matter of appointments be construed as merely advisory rather than determining...
...FIAT EXPORT DRIVE will put Italy's biggest automaker into U.S. foreign-car sales race in a big way for first time. Encouraged by Germany's Volkswagen, which found 50,000 U.S. buyers last year, Fiat aims in 1957 to sell 10,000 of its models throughout nation. Price...