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Newspaper
The Times Herald Record
Location
Middletown, New York, United States of America
Date
Jun 08, 1973
Page
22
Detroit based report notes a shift to small cars through April with 38.9 percent of sales, up from 34.8 in 1972, while buyers install gas saving devices and keep automatics and air conditioning. Industry observers caution many will stay with larger cars, yet demand better economy persists.
Tokyo officials Yogoru Komatsu and Minoru Masuda assert Japan has as much right as the United States to buy Middle East oil, arguing current trade practices mirror those of U.S. firms. They say Japan will boost direct imports from oil producers and from major Western companies to meet rising needs, aiming for five billion barrels annually by 1985.
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