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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Sep 22, 1983
Page
15
GM officials forecast a about 15 percent increase in vehicle sales and continued strong product demand through 1983. They cited aging fleet, strong consumer demand, and low inventories as factors, with projections tied to a 30 percent rate for the longer term.
Rotorex becomes first US maker to enter aftermarket Relures Co Waders with a full line of 1 to 5 horsepower rotary and reciprocating compressors. Motors & Acmatures Inc MARS of Hauppauge NY named exclusive master distributor for US market. Rotorex officials say the move expands service capabilities and pricing advantages across major brands. MARS operates regional warehouses in California Texas Georgia and Ontario to support distribution.
The executive says the economy can expand for up to five years with strong output and employment gains but warns large federal budget deficits could cut the recovery short. He notes a potential 13.5 million job impact if rates worsen and calls for Washington leaders to address deficits to help workers return to jobs. GM has already rehired about 65,000 laid-off workers in 1983. The long-range outlook remains optimistic for the mid-1990s.
American car and truck sales are projected to reach 20 million in the near term, with worldwide vehicle sales hitting 60 million. The 1978 peak surpassed 38 million. Executives urge continued revolutionary changes to keep US firms globally competitive, noting substantial progress yet much work ahead.
The article quotes GM officials outlining a shift toward a more aggressive and diversified company. It emphasizes exploring new products and manufacturing improvements while maintaining core automotive focus. The company aims to seek smarter ways to conduct business and strengthen its operations.
Four Washington area health clubs face hearings for failing to register and post a $50,000 bond under Maryland’s new health spa law. Club Nautilus of White Flint and Beachwood Spas operate in Bethesda Temple Hills Forestville Camp Springs. Hearings set for Oct 10 aim to compel registration bond or deposit and refund contracts over three months. Consumers urged to verify club registration before signing and note division contact numbers.
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