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,,,,,,,,,, AMERICAN RN$ND-UP ,,,,,,,,,,
■ The new US Transportation Secretary,
Mr Drew Lewis, has warned that he might
recoUlfnd some kind of restriction on
imports of Japanese cars.
Speaking in Michigan, he said the US
car industry must m-fe concessions,
possibly including price cuts.
He also said the industry would have to
redirect capital investment away from
spending abroad and into US prograllfs
to increase productivity.
■ Nissan says it does not expect its
1981 US sales to reach 1980's 628,000.
,,,,,,, In a moment WALL STREET ,,,,,,,