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Auto Industry / Small Cars vs. Big Cars / General Motors #247909

CBS Evening News for Friday, Sep 10, 1976
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(Studio) This is critical year for auto industry
REPORTER: Roger Mudd

(Detroit, Michigan) General Motors making big difference in its new cars and those of other companies; changes noted. Move comes despite popularity of full-size cars in 1976. [Ford Company president Lee IACOCCA - says it will give buyer choice he hasn't had in years; Ford believes it's on right track because of people who want big cars.] Auto mfrs. will have no choice in coming years because of federal laws; these cited. General Motors Corporation says it's getting jump on others; others say they're responding to big car demands. Contest between luxury cars Continental and Cadillac noted. [GM Vice President E.C. KENNARD - says if no technological breakthrough comes up, all cars will be small. Says they're hoping to get law changed or get technological breakthrough so Cadillac-size cars will stay on market] Experts say within wks. after fall sales start result should be known.
REPORTER: Don Webster

Reporter(s):
Mudd, Roger;
Webster, Don
Duration:
00:02:40

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