AUTOS - Los Angeles Times
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Chrysler Cuts ’95 Sales Forecast: The car maker cited two consecutive months of disappointing sales in trimming its 1995 U.S. forecast by 200,000 units to 15.8 million cars and trucks.
Chrysler Corp.’s revised forecast, and cautious statements earlier by Ford Motor Co. Chairman Alex Trotman, are the latest signs that the slowing economy and rising interest rates are
hitting the auto industry. DRI/McGraw-Hill, a management consulting firm, also cut its 1995 U.S. vehicle sales forecast by about 250,000, to 15.3 million units.