GM faces possible antitrust split biggest since 1911
Reports say federal action could break up General Motors, the world’s largest auto maker, with FTC weighing charges. GM officials deny knowledge of any such move, while NBC cites FTC bureaus claiming GM controls more than half of U S car production. Senators have long pressed for action amid mounting antitrust scrutiny.
MENTIONED IN THIS ARTICLE
Detroit
UPI
General Motors
NBC
Federal Trade Commission
Standard Oil
FTC
Washington
Elliott Estes
United States
Hudson
Packard
Studebaker
Energy crisis trims auto dealer ranks in 1975 model year
DETROIT (UPI) The energy crisis and recession cut deep into U.S. auto dealers with nearly 900 closing in two years. Automotive News cites 600 dealer deaths in the 1975 model year, doubling 1974’s losses, as 24,511 dealers remained in business Oct 1 for the 1976 model year amid a severe industry slump. Chrysler, GM, Ford, and American Motors faced sizable outlet declines, while many dealers served multiple brands.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Automotive News
Klan Rally Ends in Brawl in Morganton
About 200 protesters disrupted a weekend KKK recruitment march by six Klansmen in Morganton North Carolina. After a two block walk to Burke County Courthouse the crowd followed and jeered as the six tried to address on courthouse grounds. Police cleared a path for the Klansmen to leave. no injuries or arrests were reported.
MENTIONED IN THIS ARTICLE
Morganton
N.C
UPI
Ku Klux Klan
Burke County
Traffic accidents cost U.S. reach $30.4 billion in 1974
The Insurance Information Institute reports total traffic accident costs rose to 30.4 billion dollars in 1974, averaging 145 dollars per person, while the number of highway accidents fell by 7.4 percent from 1072 to 1974.
MENTIONED IN THIS ARTICLE
New York
U.S
Insurance Information Institute
Also Mentioned on This Page
Feds
Edward S. Lechtzin
Exxon Corp
Sen
Philip Hart
Dmich
Senate
Justice Department
White House
Mystery Ship
Beirut
Junieh
Biles
Chrysler Corp
American Motors
Ford Motor Co
KKK
Raschel
U.S. Navy
Main ST
Bennington
Lipberts
Berkshire Plaza
Bank Americard Roberts Charge
Kiobota le
North Adams, Mass
Hearing Aid Service Center
I P.M
New Englander
Northside Drive
Maico Hearing Aid Center
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