ABC Evening News for Monday, Dec 08, 1980
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(Studio) Chrysler chairperson Lee Iacocca noted appearing before government board monitoring the auto company's fins.
REPORTER: Ted Koppel
(NYC) Iacocca said announcing Chrysler's need for more funds to continue operating; details given. [IACOCCA - comments.] Worsening fins. of the co. examined; new K cars incld. in report; Chrysler noted asking suppliers to accept late payments due to cash shortage. [Auto industry analyst Alfred NELSON - comments.] Difference between Chrysler's financial problems and those faced by other auto companies cited.
REPORTER: Dan Cordtz
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