Word: volkswagen
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Remaining Suspects. With only Valeri in custody, Boston police, Massachusetts state troopers and FBI agents combed the Northeast for the remaining suspects. Bond, Saxe and Power are believed to have fled in Susan Saxe's black Volkswagen. Late last week a man identified as Gilday stole a car at gunpoint in New Hampshire and was later spotted by police near Lowell, Mass. After a high-speed chase and gun battle in which one policeman was wounded, he wrecked his car but managed to escape once more...
...small car. Largely to combat the inroads made by the imports, which have lately captured more than 15% of the nation's auto market, American Motors has brought out the Gremlin, General Motors has introduced the Vega, and Ford the Pinto. In anxious counterattack, Germany's Volkswagen and Japan's Toyota are mounting an assault with new models at prices that remain equal to or lower than those of competitive U.S. cars...
...with Power. In September, Toyota, the fastest-rising foreign automaker in the U.S., introduced a 1971 Corolla that is just about the same in size and price as the smallest Volkswagen. Listed at $1,798, not counting preparation costs, local taxes and transportation, the sporty '71 Corolla has white sidewalls and tinted glass as standard equipment. Its engine winds up to 73 h.p.-more than Volkswagen's, but less than the U.S. models...
...Volkswagen is retaliating by stepping up its h.p. from 57 to 60 and producing two versions of its famed bug. Both will have essentially the same design as the model of 1970 or, for that matter, 1949. A new standard "mini-bug" will be stripped of some chrome and door pockets, but will be equipped with, among other improvements, an automatic switch that will cut off the headlights when the ignition is turned off. It will list for $1,780 on the East and Gulf coasts, compared with $1,839 for the '70 beetle...
Foreign automen insist that they will withstand the challenge. G.M. and Ford each hope to sell 400,000 of their minicars during the new model year. Volkswagen predicts that its sales will rise by 12% to 600,000, and Japan's Toyota and Datsun expect to sell a combined total of 250,000 cars to U.S. customers. Unless the market for subcompacts expands faster than most analysts anticipate, somebody is likely to be disappointed...