Skip to: Content
Skip to: Site Navigation
Skip to: Search


US agency scraps deal for big Chrysler repairs

By With Analysis From Monitor Correspondents Around The World, Edited By Clara Germani / September 4, 1981



Washington

A government agency has taken the unusual step of scrapping an agreement its own staff worked out with Chrysler Corporation under which the car company would have reimbursed customers about $7 million for the repair of 38,000 cars built in Japan.

Skip to next paragraph

The sources said the decision to reject the agreement reflected FTC concern that tough actions of this kind would upset the business community and the conservative Reagan administration.