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Economy / For. Auto Sales / Food Prices #499883

NBC Evening News for Tuesday, Jul 25, 1978
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(Studio) Contd. devaluation of United States dollar against Japanese yen reported; Treasury Secretary's comment about this helping trade situation quoted. Toyota mentioned. Decr. in some import car sales, but not in Japanese cars noted.
REPORTER: John Chancellor

(No location given) Decr. in Volkswagen sales reported; Beetle and Rabbit models mentioned. television commercial shown. Price hikes on Toyotas and on Honda Civic noted. [Honda general manager David OTT - says American cars go up when foreign cars do, which keeps foreign cars popular.] [Mazda general manager Vincent TOBIA - says capitalistic system won't revolt against Japanese autos because customer gets money's worth.]
REPORTER: Bob Jimenez

(Studio) Carter administration prediction that rise in food prices won't be so high for rest of year reported.
REPORTER: David Brinkley

(DC) Reasons for food costs listed. [Wage and Price Council spokesperson Barry BOSWORTH - expects food costs to moderate now.]
REPORTER: Charles Quinn

Reporter(s):
Brinkley, David;
Chancellor, John;
Jimenez, Bob;
Quinn, Charles
Duration:
00:03:40

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