Word: chrysler
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Dates: during 1970-1979
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...acting as if that might happen; they are converting to small-car production as fast as they can. GM last week temporarily closed 16 big-car assembly plants and laid off 137,000 workers; meanwhile it is expanding production of subcompact Vegas by 40% in the 1974 model year. Chrysler Corp, is temporarily closing three of its big-car factories next month, and converting one from production of standard-size Plymouth Furys and Dodge Monacos to compact Valiants and Darts. American Motors, the smallest of the carmakers, has been prepared for the change all along: it has concentrated on production...
Motors and Chrysler announced price increases that will add $133 or more to the average retail price of 1974 cars. The biggest percentage increases will fall on hot-selling compact and subcompact models, though Ford's Mustang II compact is slated for no hike...
...while GM lifted its by $ 133 or 2.8%. Both companies and American Motors also agreed not to raise the retail price of small cars by more than $150. But this sum is a greater percentage of the base price of compacts than it is on full-size autos. Chrysler made no formal commitment, but Chairman Lynn Townsend predicted that competitive pressures would keep its prices in line with those of its rivals...
...local rapid-transit station every day. When Massachusetts' Berkshire Community College lowered class room temperatures to 63°, Jurgen A. Thomas began lecturing his drama class in a very collegiate (1920s) raccoon coat. And Paul Indianer, an insurance executive in Miami, has replaced his telephone-equipped Chrysler Imperial with a bicycle. "It's great exercise, and I'm amused at the stares I get," he says. The stares are not for Indianer but for his portable telephone, now installed on the handlebars...
...year ago because of climbing gas prices and fear of worsening shortages. General Motors is going ahead with plans to temporarily close 16 plants and lay off 105,000 workers, despite pleas last week from the United Auto Workers that it at least delay the cutback until after Christmas. Chrysler Corp. followed suit, ordering brief shutdowns of ten North American assembly plants that will idle 44,000 workers...