AUTOS: Floodtide for Imports

"It's the hottest car in the U.S. today," says New York City Auto Dealer Frank Silvestry of the Honda Accord. Many experts would agree. Pertly styled, carefully engineered, with front-wheel drive and able to travel up to 48 miles on a gallon of gas, the Japanese-built Accord practically sells itself, and buyers around the country are willing to wait three to eight months for delivery. The Accord, however, is only the most spectacular example of the massive assault on the U.S. being made by imported cars, which now account for 21% of...

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