, 1923-05-07

tional Automobile Chamber o
Free Press radio at Detroit !
and June are big, but after t
expected although with substantial
figures certain for the last half OF the
year.
Mr.. Reeves said s.2os.oo motor
vehicles 90 per cent of them trucks)
were made during the IL months end.
ing April 30th, and in addition deal
ers disposed of at least 1.300. 900 used
cars, making a total sale OF $4,000 0
transportation units.
Carload shipping reports received
by the ". A. c. C. Indicate that u
ing the month OF April more motor
vehicles were mado and shipped than
ever before in the history of the in
dustry. The figures are s54 900 We
hicles. which il 10000 more than
March and &c E cent greater than
April last year" said Mr.. Reeves.
when you stop to think that dur
ing the past twelve months the auto
mobile industry has produced more
than S,.0S, 900 motor vehicles (sbout
10 per cent t.ucks) and hat its $4,000
dealers nsvs IN addition marketed ep-
proaimatcly 1900. 900 used cars. Or a
total sals of AZ million motor We
hicles. many will question whether
this s4ms pace can maintain during
b remainder OF 1929.
'rhs record selling which has hssn
6aR6 On during the past fou or
Hve months 10 a natural result OF
the increasing need for motor car
and motor truck transportation in h
country OF 10000 600 people. Some
part. however. came from the fear
that pricss arc going to advance. and
It n better to buy now than later.
This open or touring car season
opens today. II will bring good
sales. slthouKh the season may oe
comparatively short
"A moet important fAeeuF - pf4oA.
Car prices ars very low md manu-
facturerp would like TO keep them
low. Labor and material costa srs
rising md tnnfsasse NAY - nscse-
sary.
ANY svneal incass 4 price,
may be expected to Substantially
slow down enles and bring about .
decrease in production.
Buying by the farmsfS WIN Be
heavier.
I'VE must continue 60 replace many
az the 5000. 900 car made In 1916
ard 1917 that arc now wearing out.
labor continues to be fully en-
yioyed at good wages. All lines OF
industry are prosperous. Building Is
stiil on "A record scale.
"A limiting factor on production
during the next three months is a
shortage in materials. particularly
closed bod es. Plate glass seems to
be the real trouble. Automobiles re
CURED q 100000 square feet last
year. nine million square feet OF
which came from Belgium. Austria
and Germany. but only Belgium Is
now shipping.
IL eco u.G Motors fer Am@41
There are now about IL million
motors in ne country. Economists
say we should have Mt least IL ml;-
lion cars end three million trucks
and possibly more as the roads ara
improved. Our big problems now are
better highways in the country and
less c~onEested traffic in tho cities.
Dealers Are no OveNt@cISed.
'our monthly survey OF 20 dEierent
scctions of the country> shows a con
tinued demand FOR cars among the
dealers with the used car markets
much healthier than this time last
year and dealers new stocks less
than las. year. The used car. how.
ever, will continue TO bs . limiting
factor In new car sales.
Our talks with the finance ezzs,
ranies show that peopis buying oAIv
on time are hssDlne " THAR ~
menta.
One dD00anW. auxYhk9 ~ mS1ion
AoIls.s CT paper. rspoxts collections
excellent
Exports continue - mnazeA We
shipped more than 10000 cara and
orueko during the month OF february.
American motor care and trucks now
90 10 ia different countries around
h world, with Australia our biggest
car customer last year and Belgium
taking ths most truckA with i'm.
proved roads, foreign trade will con
tinus to increase 1 look for Jul for
dxn business 20 soon be at lsaSt II "a
- Per cent Of our total.
Turk Outlook bess in Rfve YeARA
THE outlook for the truck indus
tyy 10 tho best in ave years. Pro
6uction in March vas 81 Per cent
greater than February. The hvv ton
truck had thu srsstsst increase. al
though in numbers the light truck
outstrips he field
1.-THE buying of motor csr which
is now going on and premises to
continue. and all other conditions sur.
rounding American business. indicate
that 1928 should be a generally pres
r year. provided proper judy
ment is used IN financing and pro
duction plans. and q merchandising
policy is followed which will give to