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Auto Industry / April Sales / Foreign Car Sales / Congressional Action / Gas Mileage, Tax Penalty #240292

CBS Evening News for Monday, May 05, 1975
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(Studio) Big 4 auto makers' sales continue to slump in Apr. For. cars continue to take big share of United States market
REPORTER: Roger Mudd

(Chicago, Illinois) Last month, 21% cars sold in United States foreign made. For. car sales for Apr. `74 compared with Apr. `75 sales. Econ. conditions in US primarily responsible for surge. [Honda dealer Herb NORTELL - says man who travels 30-40 mile to and from work each day most likely to buy smaller, for. car because of mileage factor.] [Fiat dealer Lindy LINDHEIMER - says domestic buyer now interested in economy maintenance, gas mileage, etc. Expects to double last year's sales figures.] [Mayoral candidate Dozier ALLEN [sic] - believes all big car prices should come down.] [CUSTOMER - outlines reasons for looking at foreign car.] US-manufacturing cars expected to continue dropping.
REPORTER: Chris Kelley

(Studio) United States auto makers under congress pressure to produce cars with better gas mileage. House Ways, Means Committee agrees on tax penalty program as part of energy bill.
REPORTER: Roger Mudd

(DC) Details of committee 's bill outlined; cars not getting required m.p.g. to be taxed. [Committee chairperson Al ULLMAN - admits auto industry lobbying kept tougher tax bill from going into effect.]
REPORTER: Nelson Benton

Reporter(s):
Benton, Nelson;
Kelley, Chris;
Mudd, Roger
Duration:
00:03:30

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