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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Aug 27, 1974
Page
3
General Motors disclosed new price increases for 1973 models and introduced 27 fresh models while cutting nine. The car maker listed 144 model price hikes and five decreases, with 176 models planned for 1975. A GM spokesman tied the changes to an earlier announced average rise of about 4.4 percent, noting some individual cars may rise more despite the weighted average.
The Consumer Product Safety Commission announced plans to develop safety standards for book matches, aiming to make them tamper proof for children and reduce injuries from flying match heads and afterglow ignitions. A notice will invite industry and public input on rule drafting, excluding kitchen-type matches from the scope. The agency notes about 11,000 annual emergency room injuries linked to all matches, likely underreported.
Fully equipped cars with power steering air conditioning and other options now list at 4,474 dollars up 43 dollars or 11.8 percent from the final 1974 price of 3,731 dollars. The new price is 827 dollars or 24.7 percent above the original 4,974 dollar price of 3,347 dollars.
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