:. Motor: Co: expects. to. lose. |

-more ‘than $1 billion this year.
on ‘its. North “American

operations . but | worldwide :.

earnings will “the No. 2:

“ automaker, with a profit of ©

. about. $165 million. -

‘The “bleak. ‘domestic
outlook v was contaitied in a
memo’: to...
executives - ‘which: outlined”
belt-tightening moves to.
help. the: ‘company through.
1979.’

The North American loss:
of $1.035 billion, however,

will be offset by full-year:

earnings of $1.2 billion for
Ford's - worldwide
‘operations, the memo said.

7: "The | Nov. Y ‘memo ‘from ’
‘William’ O.
. executive vice: -president. for

Bourke,

North American automotive
operations, said the 1979 loss
forecast for the huge division

company —

10th & Alma, Vancouver,

NORTH VAN

was i increased from the $850

million range. .

The memo also ordered a
‘freeze ‘on

white-collar
overtime where possible, a
50 ) percent ‘cut in employee

Godon ma IMPORT AUTOS LTD.

733-8105

AUTOBRAKE LTD.

° Brakes

¢ Wheel Balancing

eShocks

.

APPR WED BUTE
RTPA SPY eA

SPECIALISTS

IN

Dave (The Brake Doctor)

*Suspensions

¢ Alignments

McPherson Struts

980-8705

1175 W. 15TH ST.

. (one block east of Pemberton)

_NORTH VANCOUVER, B.C.

travel, ‘a a freeze on 1 employee

transfers,. a 90-day halt. in ©
‘ordering new office. supplies
‘and: even ‘an end to free.
coffee at.” the | division's —

business meetings.

‘

-RENTALS

 Carsfrom.

$14. 00: aday
200 km FREE.

Truchs Fiom

$14.°° a Day
987-7111

1525 Welch St. N. Van

12 inch

Honda Rims

Original Equipment

$44.

Retail Division of Mon.-Fri. 8:00 am to 5:00 pm

985-8111

860 Weet 1st Street, NV.
(1 biock Weet of Fell Ave.)