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General Motors / Small Car Craze / Energy Crisis #475481

NBC Evening News for Thursday, Feb 07, 1974
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(Studio) General Motors may be forced to lay off 50,000 employees this year Big car sales drop more than 1st estimated. Small cars high on agenda as car dealers meet in Las Vegas, NV.
REPORTER: John Chancellor

(Las Vegas, NV) Big car sales down 70% because of public uncertainty re: gasoline supplies. Public now wants economy [President Dealers.' Association Hugh GIBSON - expresses concern over big car dealerships.] Auto dealers blame government [Energy official John SAWHILL - believes dealers should support mass transit and car pools. More energy-efficient economy should be goal of auto dealers.]
REPORTER: Don Oliver

Reporter(s):
Chancellor, John;
Oliver, Don
Duration:
00:02:40

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