Auto sales slump spreads to small cars in downturn
The U S auto industry faces a broad sales decline across model lines including small cars amid tight credit to curb inflation. Oil profits soar and Chase Manhattan cuts its prime rate to 19 percent as economists warn the economy has entered a recession. Charles Schultze testifies to the Senate that the recession has begun.
MENTIONED IN THIS ARTICLE
U.S
Chase Manhattan
Charles Schultze
President's Council of Economic Advisers
Auto slump widens as big car sales fall sharply
In the April 11 20 window five domestic automakers sold 147371 U S built cars, a 32 2 decline from a year earlier. GM down 27 7 Ford 42 6 Chrysler 41 8 and American Motors 4 5 percent, while Volkswagen rose 5 percent as the industry enters a broader downturn amid high rates and economic uncertainty.
MENTIONED IN THIS ARTICLE
Ford
Chrysler
American Motors
Volkswagen of America
Chase
Federal Reserve Board
West River Road to Close for 14 Months in Elyria
Elyria plans a 14 month West River Road shutdown between Route 57 Bypass and Griswold Road to widen the road to four lanes and lay sewer and water lines with sidewalks. Gulf Road will close for two months from Route 57 By-pass to Hilliard Road as crews replace the Gulf Road bridge over the turnpike. Local traffic will reroute along Route 57 Griswold and Abbe Road. the bridge replacement due to deteriorated deck aims for completion by June 30, 1981.
MENTIONED IN THIS ARTICLE
Elyria
West River Road
Griswold Road
Gulf Road
Hilliard Road
Ohio Turnpike
West River
John Hart
Midway Mall
Ford Road
Abbe Road
Gulf Road Bridge
Anderson Runs as Independent in 1980 White House bid
Rep John Anderson of Illinois announces he will run for president as an independent after ending his GOP bid. He says voters should not choose between Reagan and Carter and will return remaining campaign funds while staying nominally Republican. aides caution against premature campaigning as he plans a prudent, gradual challenge.
MENTIONED IN THIS ARTICLE
Washington
UPI
John Anderson
White House
Ronald Reagan
Carter
Anderson
R-Iil
Congress
Republican Party
Waiting lines at Ohio unemployment office spark parking woes
Long lines form outside the Ohio Bureau of Employment Services at 251 6th St as job seekers face lengthy waits since the recession. Claimants report early arrival times, limited parking, and a call for broader sign up options while clerks remain courteous.
MENTIONED IN THIS ARTICLE
Elyria
Ohio Bureau of Employment Services
Sixth St
C-T
Gene Krebs
6Th St
Louise Gates
Grafton
Chronicle-Telegram
Florida
Willaim Whitt
Fisher
Weather Outlook Predominantly Cloudy Through Friday
The forecast calls for mostly cloudy skies with a chance of showers and possible snow flurries. Tonight lows near 30s and Friday highs near 40s with a 30 percent precipitation risk tonight and 40 percent Friday. North to northwest winds 5 to 15 mph. Sunrise 5:35 a.m. Sunset 7:17 p.m. Details on page B-2.
Geiger considered death by own action in court
Cleveland case of Gordon Geiger, 27, on trial for the June slayings of his parents, features a prosecution psychiatrist stating uncertainty over Geiger's insanity due to withheld information. Geiger admitted at a Jan 4 exam that killing his parents was like Van Gogh cutting off his ear and that he considered drowning himself in an Australian pool.
MENTIONED IN THIS ARTICLE
Cleveland
Gordon Geiger
Phillip Resnick
Cuyahoga County
Resnick
Geiger
van Gogh
Jack Hudson
Australia
Ohio
Also Mentioned on This Page
United Press International
Schultze
Senate Appropriations Committee
W. River Rd
Bruce Vernist
Fit Entertainment
Wellington
Luxaire
Mary Sklarek
Manpower, Inc
Elyria-Lorain
Dave Zapotosky
Bush
Reagan
United States
National Press Club
David Knox
James Beighley
Paul Becker
Natalie Folley
Brookpark
Steve Brattoli
Elyrian
Elton Becker
Bonnie Solak
Middle Avenue
Court
Cindy Leisect
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