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Chrysler Corp. #266094

CBS Evening News for Thursday, Aug 09, 1979
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(Studio) Carter administration's aid to financially troubled Chrysler Corp. announced.
REPORTER: Roger Mudd

(DC) Chrysler said receive less than requested; Treasury Secretary G. William Miller quoted. [MILLER - says administration recognizes public interest in sustaining Chrysler.] Requirements to be met by Chrysler prior to administration's granting of loans and Congress approval noted.
REPORTER: Robert Pierpoint

(Studio) Report introduced
REPORTER: Roger Mudd

(Chicago, Illinois) UAW (United Automobile, Aerospace and Agricultural Implement Workers of America) meeting, at which Chrysler's request of employees re: wage freeze considered, reported [UAW president Douglas FRASER - says union rejects proposal of Lee Iacocca; thinks there have been numerous management mistakes.] UAW (United Automobile, Aerospace and Agricultural Implement Workers of America) said members must wait to see what contract agreements are arrived at with Ford and General Motors before considering Chrysler terms. [Detroit Chrysler EMPLOYEES - comment.] Present size of Chrysler inventory noted as contributing to overall financial dilemma for company
REPORTER: Don Webster

Mudd, Roger;
Pierpoint, Robert;
Webster, Don

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