Home Page About Us Contribute




Escort, Inc.





Tweets by @CrittendenAuto






By accessing/using The Crittenden Automotive Library/CarsAndRacingStuff.com, you signify your agreement with the Terms of Use on our Legal Information page. Our Privacy Policy is also available there.

Statement on a General Motors Announcement of a Reduction in 1975 Price Increases.

American Government Special Collections Reference Desk

American Government Topics:  General Motors

Statement on a General Motors Announcement of a Reduction in 1975 Price Increases.

President Gerald Ford
August 21, 1974


I AM encouraged by General Motors' announcement today that it is reducing the amount of the price increases previously announced for its 1975 model cars and trucks. The consumer will save money, and the economy will benefit. I am confident that this action will be but one of many examples of restraint by management and labor as we all join in the fight against inflation.

Note: The average price increase for automobiles and trucks was reduced to 8.5 percent.

The statement was read by Press Secretary J. F. terHorst at his news briefing at the White House on August 21, 1974.

Connect with The Crittenden Automotive Library

The Crittenden Automotive Library on Facebook The Crittenden Automotive Library on Instagram The Crittenden Automotive Library at The Internet Archive The Crittenden Automotive Library on Pinterest The Crittenden Automotive Library on Twitter The Crittenden Automotive Library on Tumblr


The Crittenden Automotive Library

Home Page    About Us    Contribute