EUROPEAN CARS
Competition In Britain (N.Z. Press Association) WELLINGTON, March 4. If Britain did not join the European Common Market, she would not be able to produce cars as cheaply as her Continental competitors. Mr Geoffrey Rootes, elder son of Lord Rootes, and one of Britain’s top motor industry executives, said in Wellington today. The country with the largest home market would be able to produce more cars, spread its costs over a larger number of vehicles, reduce prices, and be more competitive overseas, he said. "The E.C.M. will have a gigantic home market in effect the whole Continent of Europe,” he said. "If Britain does not join we will still nave only the British Isles as our home market and, because the E.C.M. countries will have more economic production. they will price us out of oqr export markets.”
Boat Towed In.— An inboard boat of about 16ft, adrift in Akaroa harbour on Saturday after the engine broke down, was towed in by Mr K. Pool in his fishing trawler Moerangi about 12.30 pjn. The man in the boat had gone fishing earlier in the day and decided to return to the jetty when the wind rose.
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Press, Volume CI, Issue 29763, 5 March 1962, Page 14
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197EUROPEAN CARS Press, Volume CI, Issue 29763, 5 March 1962, Page 14
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