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Chrysler Corp. #266001

CBS Evening News for Saturday, Aug 04, 1979
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(Studio) Special sales by Chrysler Corporation to eliminate huge backlog of unsold cars reported Sales in Indianapolis, IN, and Atlanta, Georgia, noted. Tape shown.
REPORTER: Bob Schieffer

(Atlanta, Georgia) television commercial shown. Sale shown, described, and termed a success. [Dick VERONNEAU and Dick PETTYS - explain why they are at car sale.]
REPORTER: Martha Teichner

(Studio) Chrysler dealers reported trying to sell federal government on granting aid to bail corp out of economy difficulties.
REPORTER: Bob Schieffer

(DC) Proposal for government aid to Chrysler Corporation detailed. Michigan Sen Don Riegle quoted saying Congress won't buy Chrysler's idea. [RIEGLE - comments on problems created by collapse of a major industry.] [Representative Barber CONABLE - describes aid to Chrysler as a very big gamble. [Stuart EIZENSTAT - says White House is examining problem.]
REPORTER: Susan Spencer

(Studio) Commentary introduced
REPORTER: Bob Schieffer

(Studio) Chrysler Corporation described as example of mgrs. who failed to keep up with new trends. Compact autos and energy crisis of 70's listed as reasons for Chrysler's situation. Free enterprise system said to include freedom to fail.
REPORTER: Rod MacLeish

Reporter(s):
MacLeish, Rod;
Schieffer, Bob;
Spencer, Susan;
Teichner, Martha
Duration:
00:07:10

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