‘93/’94 Year-End Review and Outlook : Industry Outlook : Continuing low-grade growth in the national economy, coupled with hopes for stability--if not expansion--in California, is the backdrop for the year in business. Here is an assessment of key industries’ prospects.
This report was compiled by Times staff writer Donna K.H. Walters
AUTOS: The Big Three, already on a roll, expect momentum to accelerate. Vehicle sales should top 15 million. Chrysler and Ford profits will grow substantially. GM could earn money in North America with aggressive prices on old products. To stem market-share losses, more Japanese makers could join the leasing derby.
