Rover export deal worth $3.5m
N.Z.M.C. expects to get approval for an extension of the present agreement to export Rover 3500 cars to Australia. This would mean the export of a further 600 cars — worth $3.5 million.
The chairman (Sir Walter Norwood) told about 100 shareholders at the annual meeting: “This Nafta opera-| tion is a very significant and satisfactory contribution not: onlv to the corporation’s! profitability but also to the country’s export effort.” The corporation’s first Allegro would soon be coming off the assembly lines and it was planned to launch the new model early in November Studies were almost com-i plete on the introduction of ;
ithe new 18.22 series of Austin [Morris. Wolseley cars. Sir Wa ‘er told a shareholder tht corporation was ahead of its budget in the first three months of this [year. Prudential “4” div. The Prudential Building ■ and Investment Society of Canterbury, Ltd. says that i.s irririm A dividend for Ithe half-year to June 30, of five cer.i.s an A share, is IpayabA S?r ember 19, ex : div dend fi r .rr.be r 12.
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Bibliographic details
Press, Volume CXV, Issue 33912, 4 August 1975, Page 18
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180Rover export deal worth $3.5m Press, Volume CXV, Issue 33912, 4 August 1975, Page 18
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