CBS Evening News for Thursday, Dec 04, 1980
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(Studio) Chrysler president Lee Iacocca's proposal for incring. sales noted; co.'s auto sales for last month recalled.
REPORTER: Walter Cronkite
(Detroit, Michigan) Iacocca's rationalization of 4th quarter losses outlined [IACOCCA - comments.] Iacocca's proposed rebate plan, tied to prime interest rate, outlined on screen, explained. [General Motors board chairperson Thomas MURPHY - criticizes rebates.] [Plymouth dealer M.J. McINERNEY - comments.] [Auto analyst David HEALY - comments on K cars.] Chrysler's fin. commitment to advertising the rebates cited.
REPORTER: Don Webster
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