Hartford Courant from Hartford, Connecticut • 59
- Publication:
- Hartford Courant
- Location:
- Hartford, Connecticut
- Issue Date:
- Page:
- 59
Extracted Article Text (OCR)
The Hartford Courant CLASSIFIED NOVEMBER MOTORING Automakers Getting Wish For Stronger Japanese Yen at that's the what number it really again. says. No The Japanese yen is getting much stronger, all the way up to 208 to the dollar. Shocking. It really is.
For the first time in years, something new, fundamental and significant may be happening in U.S.-Japan trade relations. Scant weeks after the five largest industrial nations decided to let some steam out of the overheated dollar, the yen is about 15 percent stronger than a year ago, when i it stood at 245. That's real movement, and it means something to working people throughout U.S. industry. It tends to encourage U.S.
industrial production and jobs, and it's much more than a straw in the wind. Currency exchange rate changes are hardly an exciting topic. But they are one of the most important factors in international trading decisions, certainly deserving more popular attention than they seem to get. U.S. automakers have been pleading for a stronger yen and weaker dollar for years, blaming half of their competitive problem against Japanese automakers on the currency exchange rate alone.
James V. Higgins INSIDE DETROIT ub your eyes, blink and look GHADA By DUNCAN HAIMERL Courant Staff Writer Final preparations are being made this weekend for next week's Connecticut International Auto Show as manufacturers' cars are being directed to Hartford from whatever show they're currently playing. The auto show opens next Friday, Saturday and Sunday at 11 a.m. and remains open until 11 p.m., except for Sunday when it closes at 6 p.m. It's the 11th annual show sponsored by the Greater Hartford Automobile Dealers Association and upwards of 42,000 potential car buyers are expected.
Although the regular price is $4.25 for adults and children over 12 at the Hartford Civic Center box office, newspapers ads already have offered $1 discounts and the same discount coupons are available at par- ALFA ROMEO GORIN'S ALFA ROMEO Vernon, 646-0158 BRADLEY AMC East Hampton, 267-2551 CROWLEY Bristol, 582-3155 LIPMAN MOTORS Hartford, 522-8225 PAPA'S JEEP New Britain, 527-0018 AVON BERTONE PININFARINA Avon, 678-1594 TOWN COUNTRY AUTO Middletown, 347-4471 BMW GENGRAS MOTORCARS Hartford, 522-6134 BUICK BALCH BUICK East Windsor, 289-6483 CARDINAL BUICK Manchester, 649-4571 CLYDE BUICK Vernon, 872-9111 GALLAGHER BUICK New Britain, 229-4881 TONY MARCH BUICK Hartford. 249-1301 PARSONS Plainville, 747-1693 TOWN COUNTRY AUTO Middletown, 347-4471 WASLEY BUICK Bristol, 589-4444 CADILLAC ALDERMAN CADILLAC Meriden, 235-1686 HERB CHAMBERS New London, 442-2000 SCRANTON MOTORS Vernon, 872-9145 SECTION SATURDAY 16, 1985 Arbitration Procedure Successful In other words, the Ford-UAW estimate that Japanese auto companies can land an Escort-sized car in California at a manufactured cost $2,500 less than U.S. automakers (at 230 yen to the dollar) assumes that $1,250 would disappear with a more favorable currency exchange rate. That would be a so-called "fair" exchange rate, sometimes called the parity rate? The more greedy among U.S. automakers say it should be 180 to the dollar.
Some others say between 190 and 200. Now, that still leaves the Japanese with a $1,250 cost advantage. General Motors Corp. and Chrysler both of whom are large-scale importers of Japanese cars, concede that building cars in Japan and selling them in the United States is a good business proposition at any realistic yen rate. The question is how profitable will export sales be for the Japanese.
"The impact of a strengthening yen is surely going to be felt in the profitability of the Japanese manufacturers, because the dollars they get for their cars and trucks as they sell them in this country aren't going to be worth as many as they have been all these years," said Ford Chairman Donald E. Petersen. "Our best guess," he said, 'is there may only be one Japanese company that's profitable in Japan. There might be two. By and large, the Japanese make all of their money in the North American market.
"We know they don't make it in Europe they're just trying to establish a position there. So it's going Auto Show The auto show opens next Friday, Saturday and Sunday at 11 a.m. and remains open until 11 p.m., except for Sunday when it closes at 6 p.m. ticipating dealers and selected auto supply stores. Regular price for senior citizens is $3.25.
Children under 15 may be old enough to want to drive but to attend the show, they must be accompanied by an adult. More than 30 foreign and domestic automakers will be represented in the show with their 1986 models. Other attractions include the to hit them on their bottom line." It would be amazing if the Japanese surrendered market share in the United States because of the stronger yen. It would probably tend to preserve the status quo, making it harder for Japanese automakers to load up their cars with frills and gadgets and still sell them at attractive prices. "What it's going to do in terms of their share of this market and their behavior in this market I think will be very heavily influenced by how they view us as a country and our determination to show some real strength," Petersen said.
"If they view us as just on our latest temporary kick, they'll just hunker down and ride right through it and we'll see the yen weaken again before too If the dollar does remain weaker over the longer term, it will also help Ford by making its European profits worth more in dollars. "This whole process of the dynamics of exports and imports is rather slow-moving. "Some economists say that actually in the first few months it hurts the balance of trade, until such time as you actually get volume changes, more exports and fewer imports. 'As we translate profits from overseas, they certainly would be worth more to us in dollar terms." James V. Higgins is an automotive writer and columnist for the Detroit News.
Opens Friday K.I.T.T. car from the television show "Knight Rider" in reality a spruced-up Trans Am that talks soap opera stars Krista Tesreau. and Thomas Ian Griffith, a Wethersfield native, and New York Yankees' first baseman Don Mattingly. There will also be exhibits from automotive accessory companies and service agencies. GHADA's auto show will be foropened by a special-invitation Charity Preview Night on Thursday, with Gov.
William A. O'Neill and his wife as honorary chairmen. Charity Night proceeds will go to the Connecticut Food Bank. Cars on exhibit will include sports, luxury and specialty models as well as subcompacts, vans and pickups, in other words, the gamut from Yugo, the least expensive import to RollsRoyce, the other end of the budget. ONE MIL United Press International Pennsylvania Gov.
Richard Thornburgh celebrates Volkswagen's millionth car produced at New Stanton, with a free ride Thursday. The first car was produced in the plant April 10, 1978. auto rolled off the assembly line at its southwestern Pennsylvania assembly plant this week, five years later than the goal the company set when it opened the plant. Volkswagen of America, the U.S. subsidiary of the German automaker, set a goal at the 1978 opening of producing 500,000 vehicles per year and capturing 5 percent of the American auto market.
Had the projections held up, the 1 millionth car would have come by 1980. But something happened on the way to the garages of economyminded U.S. drivers. "Unfortunately the market changed, and they had production problems," said Joe Phillippi, who follows the auto industry for the investment firm E. F.
Hutton Co. plant in Westmoreland County to build the Rabbit, successor to its "Beetle" models. But Rabbit sales peaked in 1980 at fewer than 294,000 cars. Sales of the Volkswagen's U.S.made cars have been sluggish mainly because of price and qualcompetition from the Japanese, analysts say. Through Nov.
10, VW sold fewer than 66,700 Golfs, an increase of less than 1 percent from sedepressed sales of 66,600 Rabbits and Golfs at the same point in 1984. The sprawling assembly plant, purchased from Chrysler Corp. and outfitted with financial backing from Pennsylvania, was retooled last year to produce the Golf. Millionth Volkswagen Arrives 5 Years Late Associated Press Hoping to relive the glory of 1970, when VW's U.S. sales NEW STANTON, Pa.
Volks- peaked at 560,000 subcompact wagen's 1 millionth U.S.-made Beetles, Volkswagen opened its Directory of Automobile Dealers www STEPHEN'S WORLD OF WHEELS TUFANO MOTORCAR WAGNER FORD Duncan Haimerl AUTO ANSWERS 1000.000 MAZDA BALCH MAZDA East Windsor, 289-6483 MORIARTY Manchester, TOWN COUNTRY AUTO Middletown, 347-4471 MERCEDES BENZ GENGRAS MOTORCARS Hartford, 522-6134 OLDSMOBILE ALDERMAN OLDSMOBILE Meriden, 235-1686 HERB CHAMBERS New London, 442-2000 CLARKE OLDSMOBILE Wallingford, 269-3316 SCHALLER OLDSMOBILE New Britain, 525-1403 SCRANTON MOTORS Vernon, 872-9145 SINCLAIR OLDSMOBILE Middletown, 727-9186 WASLEY OLDSMOBILE Bristol, 589-4444 PEUGEOT GIG PEUGEOT East Hartford, 289-8621 REYNOLDS PEUGEOT Lyme, 434-7710 WAGNER PEUGEOT Simsbury, 658-0471 PLYMOUTH BURNSIDE MOTORS East Hartord, 289-0246 CROWLEY PLYMOUTH Bristol, 582-3155 ROBERT'S PLYMOUTH Meriden, 235-1667 TUFANO MOTORCAR New Britain, 224-7121 GTI PONTIAC BALCH PONTIAC East Windsor, 289-6483 BRIDGESIDE PONTIAC Middletown, 347-2521 MITCHELL PONTIAC Simsbury, 658-2291 SCRANTON MOTORS Vernon, 872-9145 STEPHEN'S WORLD OF WHEELS Bristol, 549-5555 PORSCHE AUDI AVON PORSCHE AUDI Avon 678-0880 SAAB MITCHELL SAAB Simsbury, 658-2291 NELKE SAAB Old Saybrook, 388-5785 ROBERT'S SAAB Meriden, 235-1668 SUBARU CENTURY SUBARU Vernon, 649-6550 EXECUTIVE SUBARU Wallingford, 269-7776 INTERNATIONAL SUBARU Windsor Locks, 627-9031 MITCHELL SUBARU Canton, 693-6391 SCHALLER SUBARU New Britain, 525-1403 TORRINGTON SUBARU Torrington, 482-3558 TOYOTA BROTHERS TOYOTA West Hartford, 233-5101 CENTURY TOYOTA Wallingford, 269-7753 MIDDLETOWN TOYOTA Middletown, 549-5625 STEPHEN'S WORLD OF WHEELS Bristol, 549-5555 TORRINGTON TOYOTA Torrington 482-9496 In January 1984, I purchased a Q. used 1981 Cadillac Sedan De Ville diesel from a local dealer. The car had approximately 57,000 miles on it. In May of 1985, with 96,000 miles on it, the engine became very loud a rapping noise. I brought it to a local dealer, not where I purchased it, but a Cadillac dealer.
I was told I needed a new engine because of broken wrist pins. A replacement engine installed using the injection system of the existing engine would be approximately $3,000. When I enquired if Cadillac had any special warranty due to the early failure of the engine, I was told no. Rather than spend $3,000, I located and had installed a low-mileage, used engine by a local service station for approximatley half the cost. I subsequently contacted and wrote to about the failure.
They said they would investigate. After approximately two months I received word via the dealer who diagnosed the problem that, due to the high mileage, they could and would do nothing. I again wrote to stressing that diesel engines, properly maintained, should not fail at 96,000 miles and as the owner of two GM diesels I was disappointed in their decision and wished them to reconsider. They replied, referring me to the Better Business Bureau Arbitration Procedure. I called the BBB, they informed me that the GM diesel cases fall within their jurisdiction.
The BBB then sent me all the information necessary to schedule a hearing. The hearing was then scheduled for a day three weeks later. Five days before the hearing a representative of called me. He claimed he wanted to settle the case and avoid the arbitration. After a few minutes, we agreed to settle the matter on financial terms satisfactory to me and to them they will reimburse me for a little over 50 percent of the cost of the replacement engine.
You can tell your reader that the process works. It takes some time to write letters and to make phone calls, but if you are right and persistent, you can get satisfaction. See Compensation, Page E2 Bristol, 549-5555 THOMAS CADILLAC Hartford, 527-0171 TOWN COUNTRY AUTO Middletown, 347-4471 VOLOSHIN CADILLAC New Haven, 389-5331 CHEVROLET ARDERY CHEVROLET Windsor, 688-3696 BRADLEY CHEVROLET East Hampton, 246-1263 BRISTOLS CHEVROLET Canton, 693-6301 CARTER CHEVROLET Manchester, 646-6464 DANIS CHEVROLET Terryville, 582-7434 GENGRAS CHEVROLET Southington, 525-8631 GRODY CHEVROLET West Hartford, 236-5601 JACKSON CHEVROLET Middletown, 346-9655 LEE CHEVROLET New Britain, 229-0345 LIPMAN CHEVROLET East Hartford, 289-3441 RICHARD CHEVROLET Cheshire, 272-7241 RICHARDSON CHEVROLET Old Saybrook, 388-3434 STEPHEN CHEVROLET Granby, 653-4531 WILLIAMS CHEVROLET East Haddam, 873-8685 CHRYSLER BURNSIDE MOTORS East Hartford, 289-0246 CROWLEY CHRYSLER Bristol, 582-3155 HERMAN MOTORS Rockville, 875-3311 ROBERT'S CHRYSLER Meriden, 235-1667 New Britain, 224-7121 BALCH DATSUN East Windsor, 289-6483 DECORMIER DATSUN Manchester, 643-4165 ELMWOOD DATSUN West Hartford, 236-5967 MARC DATSUN Berlin, 246-9288 RICHARDSON DATSUN Old Saybrook, 388-3434 ROUTE 66 DATSUN Portland, 342-2900 STEPHEN'S WORLD OF WHEELS Bristol, 549-5555 WAGNER DATSUN Simsbury, 651-3706 DODGE CLAYTON MOTORS East Hartford, 289-3461 MIDDLETOWN DODGE Middletown, 563-2975 PAPA'S New Britain, 225-8751 ROBERT'S DODGE Meriden, 237-8474 FORD DILLON SALES SERVICE, INC. Manchester, 643-2145 DOWLING FORD Cheshire, 272-2772 ENFIELD FORD Enfield, 741-3481 LCI FORD Middletown, 527-2319 MITCHELL FORD Southington, 628-0321 MONACO FORD Glastonbury, 633-9403 MORANDE FORD Berlin, 522-6300 BILL SELIG FORD Windsor, 688-3651 STEPHEN'S WORLD OF WHEELS Bristol, 549-5555 Simsbury, 658-0471 WILLIAMS FORD West Hartford, 236-2525 FORD TRUCKS DOWLING Cheshire, 272-2772 INTERSTATE FORD TRUCK Hartford, 247-0600 LCI FORD Middletown, 346-9645 MONACO FORD Glastonbury, 633-9403 GMC TRUCKS SCRANTON MOTORS Vernon, 872-9145 SINCLAIR OLDS-GMC TRUCKS Middletown, 727-9186 STEPHEN'S WORLD OF WHEELS Bristol, 549-5555 HONDA EXECUTIVE HONDA Wallingford, 265-2008 HONDA OF HARTFORD Hartford, 522-0151 MANCHESTER HONDA Manchester, 646-3515 SCHALLER HONDA New Britain, 525-1403 TORRINGTON HONDA Torrington, 496-0077 JAGUAR GORIN'S JAGUAR Vernon, 646-0158 STEPHEN'S WORLD OF WHEELS Bristol, 549-5555 LINCOLN-MERCURY CROWLEY Bristol, 584-2771 MORIARTY BROTHERS Manchester, 643-5135 NEWMAN East Hartford, 289-5411 TOWN COUNTRY AUTO Middletown, 347-4471 VOLKSWAGEN AVON VW, INC. Avon, 678-1594 BILL BARRY VW West Hartford, 236-0866 HARTLEY VW CORP.
Plainville, 747-5581 GENE LANGAN VW Glastonbury, 633-0261 LIPMAN VW Vernon, 649-2638 GEORGE WOLF VW Windsor, 247-3285 VOLVO CLAYTON MOTORS East Hartford, 289-3461 MITCHELL VOLVO Simsbury, 658-2291 YUGO CENTURY YUGO Vernon, 649-6550 THOMAS YUGO Hartford, 249-1508 PRE-OWNED AUTOS AIRWAYS USED CAR SALES Newington, 667-0800 BILL CAHILL'S MOTOR CARS Windsor Locks, 623-1713 HERTZ USED CAR SALES Windsor Locks, 623-9818 NATIONAL CAR RENTAL Enfield, 745-2445 UNITED AUTO SALES East Windsor, 623-3301 CUSTOM VANS KILLAM'S VAN MART East Windsor, 627-9409 ROBERT'S CAMPER CENTER Meriden, 235-1668 SCRANTON MOTORS Vernon, 872-9145.
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