Monday, Apr. 05, 1926
Motors
Last week the Moon Motor Car Co., St. Louis, surveyed its 20-year manufacturing existence. The first 14 were uneventful. Not so, however, the past six, during which 52,050 cars were sold (10,675 exported) for $52,266,350.37. Total earnings these six years were $4,402,008.69, or 8.85%. Last year's business was 36% greater than in 1924, due largely to the company's new 8-cylinder Diana, which the Manhattan Automobile Show first saw in January (TIME, Jan. 11).
Although several motorcar makers have cut down production, last week the Hudson Motor Car Co. increased output to 1,500 cars daily, and Dodge Brothers planned to rise above their present 1,500 daily schedule. Chevrolet has been temporarily retarded by floods in Flint, Mich., yet have given Fisher Bodies a 35,000 closed-body order for April.
Detroit junkmen were reported buying hundreds of used cars for $25 apiece, and smashing them. * * *