Sales of U.S. cars jump in June
U.S. automakers reported yesterday their best 10-day sales results in more than two years at the end of June, capping a strong second quarter and fueling optimism that the industry's recovery will accelerate.
Sales of domestically built cars and trucks rose 6.7 percent June 21-30, to 481,157 vehicles. Car sales were up 4.3 percent, and light-truck sales rose 10.4 percent. For the first half of 1993, total sales were up 8.4 percent over a year ago, to 6.98 million.
Marriott suit against ads dismissed
A federal district judge in Miami has dismissed claims by Marriott Corp., J.W. Marriott Jr. and Hyatt Corp. against Renaissance Hotels & Resorts' recent ad campaign.
The ads used real-life couples with the last names Marriott, Hyatt and Hilton. The plaintiffs filed suit in March, alleging that the ad campaign violated the rights of privacy and publicity, constituted unfair and misleading advertising, infringed on trademarks and caused injury to their business reputation. In a ruling June 30, Judge Robert Owens dismissed those arguments.
Bethlehem to sell Pa. rolling mills
Bethlehem Steel Corp. has agreed to sell its Gautier rolling mills in Johnstown, Pa., to J-Pitt Steel Inc. of Pittsburgh for an undisclosed price.
The mills, which make products ranging from truck wheel rims to jail bars, are part of the company's closed bar, rod and wire division. The rest of the division, which is for sale, includes a rod mill at Bethlehem's Sparrows Point mill.
BWI traffic up 4.8% in May
The number of passengers at Baltimore-Washington International Airport rose 4.8 percent in May, signaling what BWI officials hope will be the end of nearly a year and a half of declining traffic.
Several of the major airlines serving BWI reported double-digit growth in passengers there during May, airport officials said. The increase, from 738,888 in May 1992 to 774,158 in May 1993, represented the second monthly gain this year. In April, traffic started to move up, growing 2.1 percent over the same month a year earlier.
Martin wins air traffic contract
The Federal Aviation Administration has awarded Martin Marietta Corp.'s Air Traffic Systems Division in Washington a $56 million contract to help design its modernization of the nation's air traffic control system. The contract includes two options that could push the value of the contract to $145 million over seven years.