The Archive · 1927

Stupendous Motor Figures

Two curiously contrasting aspects of the development of the motor-car industry were brought out dinner given at the Cercle Interalligthe other evening in honour of Dr. Alfred Sloan, president of General Motors. He quoted some stupendous figures relating to the American motor industry. Their sales, he said, this year would amount to 1,500,000 ears and the output would, cost about £200,000,000. They employed 200,000 workmen and 500,000 salesmen, and their profits would amount to over £40,000,000, Baron Petiet, president of the organizing committee of the Salon de T'Automobile, after remarking that these figures were enough to wee yours ago, when the industry was just beginning in France, some young engineers were striving to perfect the explosion engine. They earned 50 cents our, but as they worked 114 hours a day, they earned what was thought at' the time quite good wages, and they used to dine for 90 cents at a little restaurant near the Place Italie, with music thrown in. It was owing to such men, Baron Petiet added, that the motor-ear had developed into wonderfully useful piece of machinery, and also, as his American friend's figures showed, an excellent business. proposition,

Text read from the printed page and cleaned; old type leaves the occasional error.

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