Auto sales hit decade low as industry braces for recession
Detroit based report shows the four U.S. automakers posting the lowest mid October new car sales in 10 years. Chrysler chairman Lynn Townsend warned the industry faces a deep recession as 1975 model prices rose and early October sales lagged last year by 21 to 22 percent.
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Ford Heads Midwest Campaign Swing To Boost GOP
President Ford travels to Des Moines Melvin and Chicago on a three stop Midwest tour aimed at helping GOP congressional candidates. He warns against extremist Democrats while White House softens the message. Large crowds and a $50 fundraising luncheon mark the Iowa stop as GOP hopefuls face uphill battles in Illinois and Ohio races.
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Ford withholds endorsement in Mills race
President Ford will not endorse Judy Petty in her challenge to Wilbur Mills but praises her campaign. White House spokesman Ron Nessen says Ford wishes Petty well as she runs vigorously for Congress. The piece notes Stevenson’s expected win in Illinois and GOP declines in Farm Belt seats amid economic worries.
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