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Car Sales / Sizes / Detroit #487195

NBC Evening News for Tuesday, Feb 24, 1976
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(Studio) Chrysler lost nearly $260 million in 1975. Car sales up 21% in mid-Feb. for all mfrs.
REPORTER: Edwin Newman

(Detroit, Michigan) People still want big cars. Level of demand for small cars tapered off. [Dealer Sam MARSHALL - says people not afraid to buy larger cars or "gas guzzlers." Large cars are requirement for many families.] GM calls back 1000 workers to its Pontiac assembly line. Small car plants cutting back. General Motors Corporation committed $15 billion over next 5 years to smaller cars. (GM President E.M. (Pete) ESTES - says still no shift in gradual movement to smaller cars.] Detroit believes it'll sell 10 1/4 million cars this year
REPORTER: Scott Osborne

Newman, Edwin;
Osborne, Scott

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