Chrysler 3dâQuarter Loss Seen as Twice That of 2d
Iacocca says company's 3d-quarter loss will be at least double $207 million 2d-quarter deficit, speech marking introduction of '80 models, Detroit; says effort to cut inventory of unsold cars cost $92 million, raised $400 million; says Chrysler will need $1 billion in aid to cut its '79 losses in half; says company will have eliminated 8,500 employees from payroll by end of year; says Chrysler is abandoning its aggressive attempts to win Carter Adm support for special tax legislation; assails Adm's response; Blue Cross and Blue Shield of Michigan announce $50 million loan to Chrysler; Iacocca illus (M)