Manufacturers shed 39,000 jobs, led by the shrinking domestic automobile companies.
The car is built in Ford's Canadian assembly plant at St. Thomas, Ontario, and it is not legally a domestic automobile.
This solid construction led to a rather enviable reputation as "Corporate management was determined to make it the finest mass-produced domestic automobile of its time and did so."
For many executives, buying domestic automobiles is simply good business.
He said domestic automobiles with non-CFC air-conditioners would probably be available toward the end of next year.
Romania is also perceived as a dynamic market for machine tools, especially in the backdrop of growth in the domestic automobile and mechanical engineering sectors.
Sales of domestic automobiles dropped sharply in the Jan. 1-10 period, according to figures from eight auto makers.
By 1969, 54% of the domestic automobiles were equipped with air conditioning, with the feature needed not only for passenger comfort, but also to increase the car's resale value.
Should $13-per-hour workers be required to subsidize the domestic automobile and allied industry workers making $23 per hour, in addition to the enormous salaries of the managements?
The average weight of a domestic automobile is expected to drop more than 300 pounds.