STRIKES HIT INDUSTRY
(London Correspondent of "The Press”)
Just at a time when the effects of the 1961 recession in the British motor industry are being overcome and exports showing a rise, strikes are again threatening to disrupt the recovery. The greatest blow was a strike at Jaguar's, which places in jeopardy a £22m order to the United States. Considering that this order was one of the very few bright spots in last October’s Earl's Court Motor Show, it is vitally important. The position of the industry is still acute. Sales to the all-important American market were expected to rise from 80,000 last year to 100,000 this year, compared with the 200.000 in 1959. Jaguar's highpowered' saloons and popular sports models represented a significant portion, and 80 cars a day were lost in the strike.
Cheaper British cars have to contend with competition from not only the American compact models but also the ever - popular Volkswagen, which represented nearly half of all American car imports last year. Then in 1963 British models will again be hit by the introduction of the Ford Cardinal and a similar small car from General Motors.
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Bibliographic details
Press, Volume CI, Issue 29767, 9 March 1962, Page 11
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191STRIKES HIT INDUSTRY Press, Volume CI, Issue 29767, 9 March 1962, Page 11
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