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High Point Enterprise in High Point, North Carolina

03 Jul 1975

Page 3

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jul 03, 1975

Page

3

Luxury autos market defies inflation and slumping sales

Despite inflation and a general auto industry downturn, luxury car sales rise. Ford notes price no barrier for some buyers, with luxury models from Cadillac Lincoln Mercedes Jaguar posting gains in early 1975. Cadillac leads luxury sales with 93,308 units January to May, while Lincoln and Mercedes-Benz also show strong results.

MENTIONED IN THIS ARTICLE

Charles C. Cain Associated Press Detroit Mich Ford Motor Co John Naughton Chrysler Imperial America Mercedes-Benz Jaguar Lincoln Cadillac U.S Ford
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Varied Outlooks Point to Cautious Economic Recovery

AP Business Analyst John Cunniff surveys the American economy with mixed forecasts. Despite weather and energy safeguards improving, high unemployment approaching 9 percent into 1975 and 7.8 to 8.2 percent by 1976 could damp retail demand and tax revenue.

MENTIONED IN THIS ARTICLE

John Cunniff New York Ford Administration Congressional Budget Office U.S
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Also Mentioned on This Page

Business Mirror Eckerd’s Pan Digel Antacid Trac II Gillette Sercille Akavie Sear Cristan Nobelco U. S Beltone Hearing Aid Service N. Elm St Greansboro N.C Phobe Curity Ara Ren Sey Eckerd Madlyn Sue Colgate Rasmus Nik Castile Rom Vovnwywas MADLYN _ SUE Eckerd’ S Ckerd's Westchester Drive Southgate College Village Thomasville
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