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B10-Wednesday, July 2, 1980 - North Shore News

DETROIT (UPI) - The nation’s auto industry just limped through one of its most dismal financial quarters ever, recording perhaps as much as §1 billion in red ink among the four U.S. automakers.

During the past six months, automakers have struggled with massive layoffs, plant closings and

Getting away from the city, sceing the beauty of the province, improving your physical fitness and meeting new pcople, is an ideal holiday expenence and it's made possible by the North Shore Family YMCA

This spring and summef the YMCA is offemng a vanety of outdoor (nps for youths and adults The trips range from wilderness backpacks along the West Coast Trail, and thréugh the North Cascases, to cycling tours of the Gulf Islands and canoe trips to the Bowren

The outtrip program has

other internal cost-cutting measures designed to hélp the battered industry trim its losses.

But the effort has not offset the impact of ex- tremely weak sales that took the heaviest toll on the most profitable car and _ truck models, costlyh rebates and other sales incentives.

Fhe industry also has been

been developed for people who want to get involved in recreation, but haven't the experience or equipment to do so, therefore the ‘Y' provides all

group equip-

hit with the need to spend at unprecedented levels to tool up for future generations of more fuel-efficient cars. Ford Motor Co., Chrysler Corp. and American Motors Cor. all have acknowledged they will post losses for the disastrous second quarter that ends today. General Motors Corp. has described its profit outlook

‘Y’ offers get-away trips

ment, transportation, food and expenenced leadership. For further information please contact Bryan’ or Leshe at the North Shore Family YMCA, 926-5541

Prevent

anSImMissio trouble

bmn nt fl te eget terme

—

as questionable and analysts outside

the company generally agree it will post a deficit. -

Domestic car and truck sales have been slow for more than a year in a market that favored = small, economical cars - especially imports from Japan. But a sharper downturn began in March, plunging sales far

HOLLANDS AUTO REPAIR

below levels of the recession.

Sales of U.S.-built cars so far this year are off 22.5 percent from last year, while production lags 3] percent. Indefinite layoffs of U.S. autoworkers. will reach 245,000 this week.

Never before have U.S. automakers been forced to cope with a deep recession

1975

AUTOS LIKE THE imported model are still high on the car buyers list because of the fuel economy. The sporty little models~ have made life difficult for the domestic car manufacturers | in North America.

at a time when sales were already depressed of- worries over gasoline availability and price.

Auto industry analysts on Wall Street believe com- bined second-quarter losses among the four automakers could far exceed $1 billion, and say GM is the only one of the four with a chance to show a profit for the year.

Car Rentals

Oldies but Goodies free mileage

from $12.95 Monthly Rates 980-1515 1180 Marine Dr.

The more you look, the more you like.

ordon WAPORT AUTOS LTD.

10th & Alma, Vancouver

733-8105

Brakes

MCh IMWes Hew That Tu ne-up Carburetion plus parts moat ost cars @ HHoad test @C devas py Ae beset 7 Exhaust system includes replacing plugs punts condensor set dwell & @ Hema ve: poat © Aust Dearie A libeagge ” General timing — AN ignition components replaced with Wynns @ Vise trisprerc Doors @ He place pe Gasket A Mead products

maintenance

also inctudes Checking

Let me be your personal mechanic

830 W. 1st St.

Just southeast of Wool

988-5010

Marine De

tnt ' Marnst deorrsersstis Oatributo

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exhaust systom Shocks

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ALL*TRANS ~~

UTOMATIC TRANSMISSION

wile e apap cat nba

mgh tension leads cooling System fluid levels

front suspension assembly

all signal hyghts

ctpved uetipmoet as

We fix transmigsions because we know how Mon Fr BtoA Sat Mt 1

Hlaververetit pene (Pie ry a preerverc i eatiues eraeeiter care a ee

Hoy, ab ody Dave Thangs san parcbibar + oe

Facilities to work on any hind of car

Peter Brand Motors

1519 Clyde Ave. West Vancouver

922-3231

We tro to heep a good thing orig: We are Open Mon Fre 8 5 pom

afroat Ou Olver castitate see cn een

JUNK CAR PICK-UP

LIVINGSTON’S 24 HOUR

437-3063

toe ally owned & and operated by your Alt feans nar

725 Ww. 14th St. at Marine Drive (700 Block) North Vancouver

986-5355

Locations throughout the Lower Mainiand

Hotiands

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