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Chrysler #265939

CBS Evening News for Friday, Aug 03, 1979
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(Studio) Chrysler reported appealing directly to UAW (United Automobile, Aerospace and Agricultural Implement Workers of America) in financial difficulties.
REPORTER: Roger Mudd

(NYC) Personal appearance by Chrysler president Lee Iaccoca and appeal to UAW with regard to contract negotiations reported [UAW president Douglas FRASER - comments on Iaccoca's request.] Response by union and production workers to company's proposal outlined. [Workers Joe ROZANEK, Henry ZEPNIESKI - comment.] Fin. losses to Chrysler cited. [Dealer Walter KELLY - comments on situation.] Chrysler's request for aid and special consideration from fed. government detailed; White House response reported General Motors head Thomas A. Murphy quoted. Criticism of Chrysler's response to 1974 recession, model designs, examined. [Auto analyst David HEALY - says since 1974 every Chrysler model has been late and plagued with problems.] Possible purchase of Chrysler by VW or another foreign car company said not likely; details given.
REPORTER: Ray Brady (WJBK-TV newstape)

Reporter(s):
Mudd, Roger
Duration:
00:03:20

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