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Byline: Jim Mateja, Chicago Tribune
Dec. 21--The domestic automakers stood back and watched as the Japanese stepped in and walked away with the economy-car market in the 1970s.
The domestics offered only token resistance. Their cars were busts, thanks in large part to poor quality. Their offerings included the Chevrolet Vega, Ford Pinto and American Motors Gremlin, the latter from a company eventually acquired by Chrysler.
Seizing on their success in the high-mileage market, the Japanese turned to midsize sedans, luxury cars and even full-size pickups and sport-utility vehicles.
As with those economy cars, the domestics are chasing the ...
Source: HighBeam Research, The Chicago Tribune Jim Mateja Automotive column.