Reagan Move Opens Door to Lower Car Prices
Detroit dealers say Reagan ending Japan auto export quotas could lower prices for both domestic and imported cars. Contingency plans emerge as U S automakers may boost Japanese imports under domestic brands while Ford Chrysler and the UAW defend quotas. Consumers could gain bargaining power as price competition heats up.
MENTIONED IN THIS ARTICLE
Detroit
Reagan
Japan
United States
U.S
Michael Sullivan
Hollywood
Toyota
Lincoln-Mercury
Los Angeles
Auto quotas spark U.S. import plans and cross‑country concerns
The FTC study estimates quotas cost American consumers 1.1 billion dollars annually since 1981. GM cites potential imports of 100,600 retsuzu and 100,000 mor Suzuki autos from Japan if lifted, while Chrysler eyes 287,000 imports under Dodge and Plymouth names. Japan welcomes Reagan policy amid talks of new export limits. UAW fears significant job losses in auto and supplier sectors.
MENTIONED IN THIS ARTICLE
General Motors
Japan
Lee Iacocca
Chrysler
Dodge
Plymouth
Mitsubishi Motors Corp
Picketing at Mall Fazio's called off due to fear
Elyria locals cancel planned informational picketing at Fazio's Midway Mall citing fear of rowdy conduct. Union disputes hours cuts and layoffs. arbitration set for April to address over 200 grievances while boycott support remains uncertain.
MENTIONED IN THIS ARTICLE
Fazio’s
Elyria
Midway Mall
Fazio
Robert Davin
Fazio's
Morgan
June
Pentagon Concedes Nuclear Winter Theory Valid Says Sun Block Obvious
The Pentagon accepts a theory that a nuclear war could loft smoke and dust blocking the sun, causing a nuclear winter with temperature drops up to 75 degrees. The 15 page study, prepared for Weinberger, says policy remains unchanged and does not affect Star Wars. The Times notes a Soviet study finds little original work on the topic.
MENTIONED IN THIS ARTICLE
New York
Pentagon
New York Times
Congressional
The
Times
Secretary of
Defense
Caspar Weinberger
Congress
Weinberger
Soviet Union
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Ford Motor Co
Chrysler Corp
United Auto Workers Union
Grand Rapids
Michigan
Wisconsin
Ilinois
Indiana
Ohio
Indianapolis
Tom O’brien Jr
Tom O’brien
Chrysler- Plymouth
America
Peter Cook
Mazda
Great Lakes
Cuyahoga
Editorial
Ce Entertainment
Keeles
Federal Trade Commission
Japan-U.s
Takao Fujinami
Fujinami
Nissan
Automakers
UAW
Owen Bieber
Joseph Phillippi
E.F. Hutton
Phillippi
Boy
Jamie Peterson
Lexington
N. C
Matthew
Scott
Daniel
Lloyd Barden
E. Reyalton Road
Eaton Township
Barden
Ges Chan
Dennis Morgan
Amherst
Mentor-on-the-Lake
Mayfield Heights
Elyria Fazio's
Joseph Madzelenka
United Food and Commercial Workers Union
Er Foods
Madzelenka
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