Word: subcompacts
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...cheery than at GM. The company had sales of $43 billion last year, and so far this year has man aged to hold its share of the market for U.S. makes, about 27%, vs. 60% for GM. Ford's compact Fairmont is moving well, but sales of its subcompact Pinto are down because of publicity over faulty gas tanks on earlier models, which sometimes exploded when hit from the rear. The much publicized ousting of Iacocca as Ford's president and the threatened lawsuits against Chairman Henry Ford II have also hurt. To scrub up its image, Ford...
Manufacturers are fine-tuning prices to help meet the federal Corporate Average Fuel Economy (or CAFE) standard of 19 m.p.g. for each company's entire line of cars in model year '79. The trick is to sell enough of the mini and subcompact models, averaging 28 to 30 m.p.g., to offset the heavier cars that get only 11 or 12 m.p.g...
...holding them steady or reducing them for smaller cars. This week General Motors is raising prices an average of $137 on all its models except the sub-compact Chevette. Since Detroit traditionally plays follow-the-leader, Chrysler is raising prices an average $85 for all cars except the subcompact Omni and Horizon, and Ford is expected to post further increases...
...suggest that buyers are becoming more discriminating and value conscious. When General Motors in mid-March ran special sales contests, during which dealers pare prices, sales increased dramatically. While total new-car sales were down for the first six months of the 1978 model-year, sales of compact and subcompact cars increased by 13%. The star performer at General Motors last month was the boxy Chevette; its sales were up 84%, compared with a year ago. At Ford, Mustang sales rose 14%, while the new Fairmont is a stellar seller. Ford's lacocca puts himself in the position...
...buyers seem to be showing solid interest in the subcompact Omni and its nearly identical (except for trim) Horizon sibling. Chrysler hopes that brisk orders will make up for a turndown in sales for its compact Aspen and Volare models. At 30 m.p.g., the Omni and Horizon exceed federal fuel economy standards for 1985, thus putting Chrysler in a good position for taking direct aim at Japanese competition (Toyota, Datsun) and Volkswagen's Rabbit, which will begin rolling off a VW-built assembly line in Pennsylvania in April...