Auto makers roll out recession fighter models this spring
Detroit carmakers push new compact and subcompact models to revive demand amid a 1.7 million vehicle inventory and 220000 layoffs. AMC introduces the Pacer this week, Volkswagen previews the Rabbit next week, GM Ford and Chrysler plan smaller cars to curb fuel costs and attract buyers, with Cadillac Capri II and Mercury Bobcat among planned April debuts.
MENTIONED IN THIS ARTICLE
Detroit
American Motors Corp
General Motors Corp
Ford Motor Co
AMC
Volkswagen
Henry Ford II
Ford
Cadillac
Mercury
Germany
Naiff N. Kelel
Chrysler offers 200 dollar rebate amid car sales slump
Chrysler launches a one week 200 dollar rebate on Dodge Dart Swinger and Plymouth Duster with an extra 100 dollar trade in bonus for buyers trading a Chevrolet Vega or Ford Pinto. The program runs through February 15 on varying models with a national media blitz tied to the Super Bowl.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
Carnival
Chrysler
General Motors
Ford Motor Co
Western Europe Shies at U S Jet Fighters Over Rising Costs
Four Western European states Norway Denmark Belgium and the Netherlands in the running to buy at least 350 fighter jets to replace aging F104s weigh two American models and a French Mirage F1. Cost fears rise with YF16 price projections and Pratt & Whitney engine concerns, affecting the sweepstakes and Dutch 100-aircraft purchase valued around 750 million dollars.
MENTIONED IN THIS ARTICLE
New York
United States
Norway
Denmark
Belgium
Netherlands
Harris Survey finds low U S interest in gold buying
The Harris Survey shows Americans unlikely to invest heavily in gold with six percent as a rough cap. Purchases split between bullion and coins while most view gold as a minor investment. Silver attracts more interest, and regional, age, and income patterns shape who considers gold or silver. Most buyers favor safe storage in banks or vaults.
MENTIONED IN THIS ARTICLE
Harris
1975 Outlook: From Grim Beginnings to Possible Brightening
A forecast for 1975 notes consumer costs rise will ease, inflation may drop to single digits, and stock investors could see gains while jobs remain tough for younger or older jobseekers. Borrowers may see easier access to credit, savers benefit from higher rates, energy use rises under controls, and Social Security taxes rise for middle incomes. The year starts grim but improves as it progresses.
What to do with paid mutual funds
A retired investor asks if a completed systematic savings fund should be sold or kept for growth. The adviser recommends retaining shares, reinvesting dividends, and notes the fund’s strong long term performance despite recent value decline.
MENTIONED IN THIS ARTICLE
Don G. Campbell
Also Mentioned on This Page
Auto
U.S
By Owen Ullmann
Joe Garagiola
Dodge
Garagiola
BY Drew Middleton
New York Times
General Dynamics
Northrop
Washington
Air Force Selection Board
Air Force
Navy
Harris Survey
By Sylvia Porter
the Daily Investor
Anata
Savings and Loan Association
S&l
S&ls
FDIC
FSLIC
William A. Majors
Majors
Los Alamitos
Yablon Agency
Midwest Life
Nebraska
IC Industries Company
Tars
Renital West
Great Western
Great Western Savings
Long Beach
Belmont Shore
Lakewood Plaza
Bellflower
Lakewood
Seal Beach
Leisure World
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