A Rougher Road

Of all the forces pulling the American economy out of recession, none has been stronger than the automobile industry. After a disastrous 1975, sales hit nearrecord levels earlier this year and, except for beleaguered American Motors Corp., profits have never been better. But suddenly last week there...

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Bibliographic Details
Published in:Newsweek 1976-11, Vol.88 (21), p.90
Main Authors: Nicholson, Tom, Lowell, Jon
Format: Magazinearticle
Language:English
Online Access:Get full text
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Summary:Of all the forces pulling the American economy out of recession, none has been stronger than the automobile industry. After a disastrous 1975, sales hit nearrecord levels earlier this year and, except for beleaguered American Motors Corp., profits have never been better. But suddenly last week there were worrisome signs that the auto boom might be running out of gas.
ISSN:0028-9604
1069-840X