CBS Evening News for Wednesday, Aug 06, 1980
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(Studio) Report introduced
REPORTER: Walter Cronkite
(Detroit, Michigan) Chrysler's introduced of and dependence on its K-cars examined; films shown. Chairperson Lee Iacocca noted driving 1st one off assembly line. [EMPLOYEES - praise car.] Details of cars, named Plymouth Reliant and Dodge Aries, given; problems faced by Chrysler, include competition from General Motor's X-cars, Ford Escort and Mercury Lynx, outlined. [Merrill Lynch and Company spokesperson Harvey HEINBACH - comments on Chrysler's financial position.] Chrysler's plans for K-cars noted.
REPORTER: Don Webster
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