NBC Evening News for Wednesday, May 02, 1984
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(Studio) Vol. Japanese auto import quotas said possibly not renewed due to large bonuses of United States auto industry execs.
REPORTER: Tom Brokaw
(NYC) Auto industry's 1983 profits and projected 1984 take noted; salaries of Ford chairperson Philip Caldwell, General Motors chairperson Roger Smith, Chrysler chairperson Lee Iacocca last year noted contributing to move to have Japanese quotas lifted. [Trade Representative William BROCK - believes auto industry can't justify such salaries and still ask for protection against competition.] [Dealer Ed MULLANE - agrees.] Econ. burden on consumer explained.
REPORTER: Mike Jensen
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