Detroit autos push mid September sales to fifth record
U S automakers report September 1 10 20 period total 192 082 cars sold up to mid month amid strong demand for 1976 models. GM Ford and AMC show year to date declines but GM tops with 104 348 period sales while Chrysler and others lag. Analysts note high 1976 model mix signals steady demand despite price hikes.
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Ford rejects pleas from mayors to aid NYC
President Ford again refused to help New York City escape its fiscal crisis after discussions with a group of mayors led by Abraham Beame. William Seidman reported Ford’s stance, saying no plan exists to restore the city to financial soundness. The meeting followed mayoral testimony to the Joint Economic Committee as lawmakers floated potential legislation.
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Ban on SST Asked Washington by Environmental Group
An Environmental Defense Fund petition to the Civil Aeronautics Board asks to bar the Concorde from U S airports citing noise pollution and health risks. FAA decision still pending on the SSTs environmental impact, while NAS cautions about potential increases in skin cancer from stratospheric ozone depletion.
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Ford expects end of grain moratoriums
President Ford, told reporters after a meeting with Rep. George Mahon and others, said he is in trouble over grain exports and hopes to lift the temporary moratoriums. He noted a likely long term U.S. Soviet grain trade deal and extended moratoriums to Poland and Russia pending negotiations and U.S. production estimates.
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