BUILD OWN CARS.
AUSTRALIA'S MOVE.
Million Capital For New
Company.
810 OUTPUT PLANNED.
United Frill Association.—Copyright.
(Received noon.)
SYDNEY, this day.
The "Sydney Morning Herald" •ays that a company with a nominal capital of £1,000,000, will be formed soon by Australian Consolidated Industries, Limited, to manufacture motor ears in Australia.
Production Is expected to begin in •bout 18 months.
The company hopes to make 8000 vehicles in the first year, rising in five year* to * production of 20,000 units a year.
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Bibliographic details
Auckland Star, Volume LXX, Issue 303, 23 December 1939, Page 10
Word Count
81BUILD OWN CARS. Auckland Star, Volume LXX, Issue 303, 23 December 1939, Page 10
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