Letter to NYTimes--GM Chairman Vows to Defend Market Share

To The Editor:What a difference in just a half-century: your story today took me back to 1956 when, as a representative of General Motors working their dealerships in the Delaware Valley Region of Philadelphia, I was called to a meeting in New York City to get the latest update on G.M. from an executive dispatched from its home office in Detroit. Along with other reps on the Eastern seaboard, the first words we heard were these: General Motors today enjoys a U.S.-auto market share of 52%, with Chevrolet alone accounting for 30%! The spokesman went on to say that while this was an enviable achievement, management had nonetheless decided that it should not take market share any higher!--so as not to (further) antagonize the anti-trust boys in Washington! It's not possible to read anything about the company's condition today and not reflect back to that meeting in New York City!Sincerely,Bernie Hargadon435 S. Tryon St. #606Charlotte, NC 28202704 377 5305