Grundig and other German consoles
typically featured multiple band tuners, including SW, high-gloss or teak wood veneer cabinets, and used fairly low power output stages, open frame transformers, and, as seen here, oval speakers (as often seen in auto applications, but with somewhat better freq. range than those). Nice for low level listening, but no real competition for the better US consoles such as Fisher or TOL Maggies &c.