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Auto Industry / Rising Prices #54561

ABC Evening News for Tuesday, Jun 06, 1978
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(Studio) Ford Motors' price increase on subcompact models for 3rd time this year reported.
REPORTER: Frank Reynolds

(Los Angels, California) Auto mfrs.' past efforts to persuade customers that buying and having car is fun described; films and old Chevrolet television ad shown. [Los Angeles International Airport policeman Darrell HARTMAN - notes price he'd have to pay to get same car he's driving now.] Hartman's plan to repair old car rather than buy new one and Motor Vehicle Mfrs. Association report that many others are doing same reported Effect of this decision on business for auto mechanics noted. [Garage owner Del WRIGHT - says they are doing more heavy repair work than ever.] Auto. companies' statements that motorists' decisions to drive cars longer isn't hurting new car sales noted.
REPORTER: Jim Mitchell

Reporter(s):
Mitchell, Jim;
Reynolds, Frank
Duration:
00:02:30

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