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Ford #275970

CBS Evening News for Saturday, Mar 14, 1981
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(Studio) Ford Motor Company steel workers reported voting selves pay cut; details given.
REPORTER: Bob Schieffer

(NYC) Ford's recent financial situation examined; Chrysler mentioned. TV commercial shown; predicted losses for this year noted. [Ford chairperson Philip CALDWELL - denies Ford becoming another Chrysler.] The 2 auto companies compared. [Auto analyst David EISENBERG - says companies didn't learn from 1st Arab oil embargo.] Henry Ford II's role in company recalled. [Dealer Ed MULLANE - criticizes Ford.] [CALDWELL - rationalizes losses.] Co's layoffs and plant closings discussed; new models mentioned. [EISENBERG - predicts Ford becoming smaller; explains.] Ford's international status cited; General Motors' continued lead in United States mentioned.
REPORTER: Ray Brady

Reporter(s):
Brady, Ray;
Schieffer, Bob
Duration:
00:03:10

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