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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Mar 22, 1973
Page
7
Detroit report notes a stronger dollar shrinks sales for imports priced 2000 to 3000 dollars, with February setting a record for imported cars but market share sliding to 15.8 percent. Higher priced imports less affected. Volvo and others raise prices while some manufacturers absorb currency losses.
Japanese automakers Toyota and Nissan cut February import figures though sales rose, blaming large prior shipments ahead of potential currency realignments. In Washington, Sen. Tunney urged a federal study of a high speed mass transit system linking California cities and planned to introduce a bill authorizing a Department of Transportation study.
California Air Resources Board postponed a decision on two VSAD spark-disconnect devices amid criticism of Granatelli’s approach. Evaluations cover EGR systems from STP and Dana and two VSAD units by Echlin and Carter. Officials warned higher exhaust temperatures and possible engine damage. one Contignition device and the Clean Air Research unit faced adverse findings, with a final ruling deferred pending manufacturer reports.
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