Word: gm
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Dates: during 1930-1939
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Against the current used-car glut General Motors has again led the attack. Chevrolet is paying a $20 bonus for each jallopy junked, additional bonuses to salesmen who move more used cars than normally. Oldsmobile also has a bonus plan, stresses "safety inspected" used models. No mean share of GM advertising in the past few months has been devoted exclusively to used-car promotion...
...Fink took out his chromium-plate patent in 1926, eventually assigned it to United Chromium, Inc. of Manhattan. Few months ago United Chromium heard that General Motors Corp. was helping itself to the Fink process, indignantly entered suit against GM and two other defendants. They did not deny using the Fink process but argued instead that some details of the Fink process were of dubious merit, that other chromium-platers had preceded Dr. Fink anyway...
Sweeping these contentions aside, in Hartford, Conn. last week U. S. District Court Judge Edwin Stark Thomas, who four years ago cracked down on another meddler with the Fink process, found GM and the others guilty of infringement, enjoined them to stop, ordered a special master to examine profits and fix damages...
...GM's President Sloan has let it be known that he hoped he would not have to enter the lumber, glass, steel or other businesses which supply GM, but that if prices rose unreasonably GM could and would. Having Henry Ford's excursion into steel right before their eyes, the 62 manufacturers have no intention of forcing GM into steel, thus eliminating hardwood in the building of Fisher bodies. What GM was really doing, they thought, was attempting, in a carefully matured plan, to force the Administration to make up its mind once & for all on the stubborn problem...
...together daily. No outsider is ever admitted to these secret family councils. Last week, however, a break occurred in what, except for their brotherhood, is their most conspicuous bond-General Motors. Fred, the eldest, the richest, and the spokesman for the other six Fishers, and Charles suddenly resigned from GM to spend more time on their personal business. That left four Fishers to build the bodies and watch over the vast Fisher investment in the biggest U. S. motor company. (Brother Howard, 34, baby of the family, works for Fisher & Co., the family holding company which is supposed to hold...