Two U.S. carmakers to sell air bags in 1979–81
Transportation Secretary William T. Coleman Jr. said GM and Ford will market air bag equipped cars in a half million vehicle fleet over two years starting late 1979. Mercedes Benz will also participate at higher price. Volkswagen continues with passive seat belts. Insurance firms Allstate Nationwide and Volkswagen Insurance offer up to 30 percent premium reductions where allowed, with regional variance and higher savings for teenage drivers.
MENTIONED IN THIS ARTICLE
Washington
APJ
William T. Coleman Jr
U.S
Coleman
General Motors
Ford
Mercedes- Benz
Volkswagen
All- State
Nationwide
Volkswagen Insurance
Mississippi
South Carolina
Texas
District of Columbia
Allstate Insurance Co
Topeka
Kane
Brooklyn
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Allstate
Fordat
Mercedes
Volkwagen
Automakers plan air bag trials and passive restraints
Government interest grows in passive restraints as only about 30 percent of drivers wear seat belts. Air bags would inflate during crashes and deflate quickly, while Volkswagen promotes a door-attached passive belt. Major automakers outline phased rollouts and pricing, with GM and Ford beginning in 1979 and Mercedes and VW expanding in subsequent years.
MENTIONED IN THIS ARTICLE
Coleman
Automakers
Volkswagen
Carter Aims Urban Fix With Treasury Unit
Washington based report notes Treasury Secretary designate W Michael Blumenthal will form a unit to tackle urban ills and craft an overall city finance strategy. Commerce Secretary hopeful Juanita Kreps pledges tools to spur inner city job growth while Budget Director nominee Bert Lance discusses advance revenue sharing to ease city borrowing. Blumenthal departs Bendix to lead the effort addressing New York City fiscal crisis.
MENTIONED IN THIS ARTICLE
Washington
Jimmy Carter
Treasury
W. Michael Blumenthal
Blumenthal
U.S. Conference of Mayors
Commerce
Juanita Kreps
Citles
Carter
Thomas B
Bert'' Lance
New York City
Abraham Beame
Bendix Corp
Welfare cut poverty sixty percent in decade
A Congressional Budget Office study concludes federal social welfare programs reduced U S poverty by about sixty percent over the past decade. Census figures underestimate the impact by omitting benefits from Medicaid and food stamps, suggesting Great Society efforts were more effective than credited.
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Washington
Nyts
Congressional Budget Office
United States
Bureau of the Census
Budget Office
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