Word: volkswagens
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Dates: during 1970-1979
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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...
...waited until the last minute to set sticker prices for the new lines. The biggest surprise was the price of Chevrolet's Vega 2300, which turned out to be about $150 higher than that of a comparable Ford Pinto and about $190 higher than that of the cheapest Volkswagen...
...automatic transmission ($111), deluxe interior ($125.95) and power steering ($95)-can rapidly raise the Vega's price to more than $2,500. The Pinto, which comes in only one model, a two-door sedan, is priced at $1,944, including federal excise tax and dealer preparation charges. Volkswagen's 60-h.p. basic beetle sells...
...secret for beating Volkswagen is quality," says Chevrolet General Manager John Z. DeLorean. Pinto and Vega offer newer styling and better handling characteristics than the Volkswagen. The cheaper Pinto reflects Ford's conviction that VW must also be met head-on in terms of price...
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...