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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 30, 1984

Page

6

GM diesels plagued with defects in early models

A widespread diesel problem involving GM models from 1977 to 1981 sparked owner protests and lawsuits. Alan Foss bought a Cadillac Seville diesel and faced 70 repairs in three years. others report repeated engine failures and high repair costs. Consumer groups formed, lawsuits filed, and GM paid multi‑million dollars in settlements while denying widespread failure.

Washington (Ap Alan Foss Prec Tve Foss General Motors Peter and Diane Hafferty Seattle Hafferty Virginia Oldsmobile Dave Hudgens Detroit Clarence Dit~low Consumer Group Center For Auto Safety

Fed reports money supply drop. rate cut chances cited

The Fed’s mid January report shows money supply fell to $523.6 billion, prompting economists to say rates may soon edge lower. Irwin Kellner expects a minor one percent point decline in the next few months while the 13 week average shows a 2.6 percent annual gain.

Federal Reserve Board Fed Itses Irwin Kellner Uber Kelner House Energy and Commerce Committee John D. Dingell D-Mich Dingell Senate Federal Communications Commission

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