Domestic car market sinks in April as imports rise share
U.S. domestic car sales fell 26 percent from April 1974 to a 14 year low, with imports up 25 percent to a 21.4 percent market share. GM Ford and Chrysler led declines while Fiat Volvo Honda Audi BMW Porsche and others posted varied gains.
MENTIONED IN THIS ARTICLE
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Chrysler Corp
Ford
General Motors
American Motors
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Volvo
Honda
Audi
Mercedes-Benz
BMW
Subaru
Peugeot
Alfa- Romeo
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Volkswagen
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Toyota
Porsche
Gas Mileage Tax Advances In House Panel
The House Ways and Means Committee approved a fuel efficiency tax on autos tied to miles per gallon. The plan starts 1978 models at 2 to 5 percent of value based on efficiency, with a fleet average standard rising from 18 to 20 mpg over three years. Supporters say it promotes efficiency. critics call it weak.
MENTIONED IN THIS ARTICLE
Washington
UPI
House
Ways and Means Committee
Joel Waggonner
Dla
Ford
al Ullman
D-Ore
Charles A. Vanik
D-Ohio
Vanik
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Andrew Jacobs Jr
D-Ind
Waggonner
Mazda rebate program doubles April sales over March
Mazda reports April sales of 9,064 cars and 940 trucks, more than double March totals of 4,262, as a $500 consumer rebate program runs through May and boosts nationwide demand.
MENTIONED IN THIS ARTICLE
Mazda
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