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Economy: Recession / Auto Industry #582983

NBC Evening News for Thursday, Sep 05, 1991
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(Studio: Tom Brokaw) Labor Department figures for worker productivity for the quarter and Commerce Department annual prediction for business spending on new plants and equipment graphed on screen. Report introduced.

(New York: Mike Jensen) Effects of the recession on the auto industry featured; scenes shown of Cadillac displaying new models and taping for commercials on Wall Street. Financial losses of US automakers this year and their tactic of recouping losses by raising prices mentioned. [Denver auto dealer Dan JOHNUSKA, California auto dealer Mike COLLINS - comment.] Higher sales of used cars reported; new and used car prices outlined on screen. Sales of Japanese and American cars compared.

Reporter(s):
Brokaw, Tom;
Jensen, Mike
Duration:
00:02:20

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