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Auto Manufacturers / Suit / Prices / Ford President #205442

CBS Evening News for Thursday, Sep 11, 1969
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(Studio) Big 4 auto mfrs.: GM, Ford, American Motors, and Chrysler Corp., reach compromise with Justice Department Mfrs. charged with conspiring to suppress development of air pollution devices for 15 years They agree not to block such in future. Los Angeles officials to fight agreement to keep it from being swept under rug. Last week, 18 Congmen. urged Department to bring case to trial. General Motors Corporation reports 3.9% price increase $38 new equipment incld. Ford and Chrysler to report prices soon. No White House action planned. President Ford, Semon Knudsen, fired by Henry Ford II.
REPORTER: Walter Cronkite

Cronkite, Walter

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