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Auto Industries / Profits / Imports #291855

CBS Evening News for Wednesday, Jul 27, 1983
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(Studio) 2nd quarter profits of Ford Motor Company reported
REPORTER: Dan Rather

(NYC) [Ford chairperson Philip CALDWELL - announces profits.] Quarterly profits for domestic auto industry outlined on screen, discussed; dividends for current 90-day period paid Henry Ford and family mentioned. Apparent impact of limited Japanese exports to United States considered; foreign car dealer Arthur Houseman's inability to meet customers' demands noted. [HOUSEMAN - informs customer of probable wait for car.] [International Auto Dealers Association spokesperson Robert McELWAINE - believes quotas on Japanese autos result in additional expense to United States consumer.] Reagan administration said pressing for temporary extension of Japan's vol. quota. [Commerce Department spokesperson Michael DRIGGS - notes improving United States auto firms.] Unions mentioned primary source of pressure for quota on Japanese imports; number Japanese autos General Motors anticipates importing next year for its distributorships noted.
REPORTER: Ray Brady

(Studio) House letter to Japanese ambassador asking for extension on Japan's vol. export quota reported
REPORTER: Dan Rather

Reporter(s):
Brady, Ray;
Rather, Dan
Duration:
00:02:30

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