General Motors Corp. said yesterday it will charge between $3,983 and $5,327 for its new line of 1980 front-wheel-drive compact cars scheduled to go on sale Thursday.
The sticker prices will range from 17 percent more to 0.7 percent less than the prices of the 1979 cars being replaced by the new line of X-body autos. The new cars are the Chevrolet Citation, Pontiac Phoenix, Oldsmobile Omega and Buick Skylark.
Meanwhile, the American Motors Corp. said it will more than double production of its new subcompact car, the Spirit to meet a "dramatic gain in demand."
In other auto industry news, sales figures for industry automakers fell slightly during the first 10 days of April, with only GM posting a gain.
Total sales of the five domestic manufacturers were estimated at 219,882 for the period, down 5.5 percent from the same time last year.
Ford was down 11 percent and Chrysler down 34 percent from last year while GM was up 1.3 percent. Volkswagen of America sold 3,827 domestically-built Rabbits this year, while at this time last year they were not yet selling U.S. made cars.
The General Motors price announcements for the new downsized X-body series came while the company was hurriedly correcting nine design defects in the vehicles before putting them on sales.
GM President Elliott Estes said the prices of the new models have been reviewed by the Council on Wage and Price Stability and were approved because the cars were considered to be new products under the government's anti-inflation guidelines.