MOTOR BUILDING.
DEPRESSED INDUSTRY. HIGH EXCHANGE BLAMED. (By Telegraph.—Press Association.) WELLINGTON, Thursday. The .annual meeting of the New Zealand Coach and Motor Body Builders' Association passed a resolution to-dav stating that it was of opinion that the action of the Government in raising and maintaining the present high rata of exchange was definitely accentuating the depressed condition of tho coach and motor body industry in New Zealand, and was retarding the return of normal business) condition Further, it was resolved that, as manufacturers of motor bodies, the members of the association \V6r6 convinced that the increased Cost of completcd cars carried with it no advantage in the way of protection to the industry that would offset the existing deplorable stagnation of business throughout New Zealand.
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Auckland Star, Volume LXIV, Issue 116, 19 May 1933, Page 12
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125MOTOR BUILDING. Auckland Star, Volume LXIV, Issue 116, 19 May 1933, Page 12
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