B6 - Senday, April 11, 1982 - North Shore News

EE 200

Ford loses moneyagain

OAKVILLE, Ont. (UPC) - Ford of Canada Ltd. released its annual report Monday, announcing a consolidated after-tax loss of $98.9 million for 1981 - a loss almost twice as large as the company suffered in 1980.

This loss occurred despite a $798 million increase in sales over 1980.

Company president Kenneth W. Harrigan said 1982 will be a challenging year for the auto industry but he is confident Ford will

experience growth.

“It is my belief that 1982 will provide the solid foundation which will

support the growth I am confident lies ahead for the company,” Harrigan said.

Total industry sales of cars and trucks declined to 1.2 million in 1981, down 6.3 per cent from 1980 and 15 per cent from 1979.

“High interest rates and concern about the economic environment have caused the buying public to remain generally resistant to pur- chasing vehicles,” he said.

“Had it not been for the variety and number of marketing programs in- troduced, vehicle sales would have been even more depressed.”

Harrigan said Ford's product development program will produce an increasing number of high technology cars and trucks.

WHOEVER owns this Model A Ford Roadster with rumble seat has done a good job of restoration. (Elisworth

Dickson photo)

Detroit gets auto race

DETROIT — The Detroit Grand Pnx auto race June 6 is expected to bring a much- needed cash infusion to Detroit, which has been especially hit by the economic troubles of the auto industry.

Some experts have estimated the 175-mile race featunng the world’s most expensive and exotic racing cars over a 2.5 mile course in the downtown area will bring $3.4 million into the city, but Mayor Coleman Young

thinks that estimate “may be on the low side.”

The race marks the [first time Formula One Grand Prix cars have ever appeared in the Midwest. The 16-race

Grand Prix circuit each year is held on four continents

FREE COURTESY CARS

For ICBC Claims

Zz

ae

Net ao

¥

SE <n ee i WANE HUI gaa

ann a FAVICE CENTRE all:

1.C.B.C. CLAIMS—BODY &MECH. ALL MAKES—DATSUN— TOYOTA— VOLVO

FORD—MERC.— GENERAL MOTORS ETC. ALL WORK GUARANTEED. COURTESY CARS AVAILABLE —BY APPT.

b

1, a a “e

a. SENN

987-7111

We're BCAA approved! |

_ RITCHIE | SERVICE CENTRE |

1525 Wetch Street, North Vancouver

Body Shop & Mechanical

We specialize in Mercedes Benz and Corvette, so we'll treat your car right.

EHIG SAUER MOTORS

COMPLETE MECHANICAL REPAIRS

1053 Churchill

987-8228

(behind the Avalon Hote!)

‘EASY BANK FINANCE

YOU MOVE

4806 E. Hastings, Bby.

3 Block East of Willingdon

153 hon HONDAS}

IN 30 DAYS?

RICE!

(OFFER EXPIRES WED. APRIL 30/82)

H ! G H E Ss T

z-'morz-H

mOZrEOrC ye

FINANCING & LEASING AVAILABLE 294-2 11

WHERE CUSTOMERS SEND THEIR FRIENDS

Vol. 1

April 11, 1982

Being funny is serious.

If you think that sitting down and composing the ‘Crash Pad News’ every week comes easy, then think back and remember all those English classes when you were sup posed to be working on com postition What were you real ly doing? Why, mooning over the cute new gtr] in class (or the gorgeous boy across the room, ladies), and somehow the fundamentals of good composition faded tn the spr ing sunshine pournng through the windows How | wish | had paid more attention or, at wast. that the cute young girl was still around

It isnt

really 4 strain te deliver up something new for this cohunin each week) but if {t qets too seTtous someone always asks me why | cant amuse thern with ny rapter lhe wit

And why not? After all, people remember three times as much if they are entertain ed Most of the time | sit and ponder the educational con tent of my scnpt, and end up just telling you to come tn and meet one of the best body shop teams tn Canada Not

me tm particular, but the rest of the crew last week we talked about the parallels to

soccer, and how without a fantastic team even the most

insptnng Coach ant win

One of our players who will be ready to meet public and press next week is Sam a super gin with great charac ter who really cares about

everyone she meets, and with

a star forward like her we can't lose More on Sam next week

dows Chat heap your curiosity up?

1315 Cotton Dinve (Main St ),

North Vane ouvert

across from

Park & Tilford

No. 26

Len Macht

Autobody Professional

For those of you) who already know where we are. youll have seen our read o gaph out front. In the tn terests 0 reading = the humour conan some of you North & West) Vancouver comedians might want to get your favourite quip out of your system and into circulation Feel tree to drop tn with your favourite one liner that will fit onto our sign) Best of the week gets a free dinner for two at Court Yard One

WAS eon ee aa:

980-4581

~ at le

OPEN SATURDAYS!

HH Pate a ant TARR RAISES