Gerald R. Ford: Statement on a General Motors Announcement of a Reduction in 1975 Price Increases.

You can search the Public Papers in two ways:

1. Search by Keyword and Year
You can search by keyword and choose the range of years within your search by filling out the boxes under Search the Public Papers.

2. View by Month and/or Year
Select the month and/or year you would like information about and press View Public Papers. Then choose a Public Paper and the page will load for you.

Search Engine provided by the Harry S. Truman Library. Our thanks to
Jim Borwick and Dr. Rafee Che Kassim at Project Whistlestop for critical assistance in the implementation of the search function, and to Scott Roley at the Truman Library for facilitating this collaboration.

23 - Statement on a General Motors Announcement of a Reduction in 1975 Price Increases.
August 21, 1974

Gerald R. Ford
1974

Font Size:

Report Typo

I AM encouraged by General Motors' announcement today that it is reducing the amount of the price increases previously announced for its 1975 model cars and trucks. The consumer will save money, and the economy will benefit. I am confident that this action will be but one of many examples of restraint by management and labor as we all join in the fight against inflation.

Note: The average price increase for automobiles and trucks was reduced to 8.5 percent.
The statement was read by Press Secretary J. F. terHorst at his news briefing at the White House on August 21, 1974.

Citation: John T. Woolley and Gerhard Peters, The American Presidency Project [online]. Santa Barbara, CA. Available from World Wide Web: http://www.presidency.ucsb.edu/ws/?pid=4554.

Home