Yugo Likely to End U.S. Car Sales:...
From Times Staff and Wire Reports
Yugo Likely to End U.S. Car Sales: Yugoslavia’s financially troubled 6-year-old venture in exporting cheap-priced cars to the United States is unlikely to last another two years under current conditions, a top Yugoslavian official said. “I don’t think it would be good to push this project when there is no demand in the U.S. market,” said Kazimir Zivko Pregl, vice president of Yugoslavia’s Federal Executive Council. Sales of the Yugo in this country totaled only 10,576 in 1989, down 66% from 1988.
