CBS Evening News for Wednesday, Aug 28, 1974
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(Studio) Ford cuts back production of Pinto. Small car sales declined.
REPORTER: Roger Mudd
(Detroit, Michigan) Big cars selling again. [Ford dealer Dick DUNCAN - says matter of getting big cars, not selling them.] [Ford Vice President John NAUGHTON - says long-term trend for small cars still there.] In 1960, small cars had 10% market 25% in 1968. 40% in 1971. In January 1974, 57%, due to gas shortage. 45% Jun. 1974. [Ford dealer Frank KISTLER - says young want small economy car.] Ford Motor Company film Ahown. Ford banks on intermediary car; not luxury, but not small.
REPORTER: Sharron Lovejoy
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