Automakers Face 1970 With Slumping Sales and Big Inventories
United States auto leaders from General Motors Chrysler Ford and AMC face a difficult 1970 as sales retreat and inventories reach high levels. Strikes and labor costs loom, with UAW negotiations threatening potential slowdowns. Chrysler and AMC report large stock and declining November sales, while Ford and GM project modest declines in 1970.
MENTIONED IN THIS ARTICLE
Detroit
U.S
James Roche
Edward N. Cole
Lynn Townsend
Virgil Boyd
Henry Ford II
Roche and Cole
General Motors Corp
Townsend and Boyd
Chrysler Corp
Ford
United Auto Workers Union
UAW
Roy D. Chapin Jr
William V. Luneburg
American Motors Corp
Chapin
Luneburg
Wisconsin
Ontario
Kenosha
Wis
International Union
AMC
Ward
Harry Stark
Chrysler
Consumers Research Survey
University of Michigan
George Katona
General Motors
Chevrolet
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