USED MOTOR VEHICLES
Ceiling Price Proposal “Negotiations have been carried out throughout the past year between the Motor Vehicle Dealers’ Dominion Section Committee and the Price Tribunal on the question of the proposed establishment of a price ceiling for used motor-vehicles,” stated the report presented by the president, Mr. A. D.-Tench, Christchurch, at the annual meeting of the N.Z. Retail Motor Trade Association in Wellington yesterday. A case had been presented to the Price Tribunal and no further action had been ’ taken.
“While we are prepared to admit that there are real difficulties at present in regard to the marketing of used motorvehicles. thii Dominion committee was definitely of the opinion that the institution of a price ceiling would, in itself, create greater difficulties than arc evident at the present time.” added flic report. “In making this statement we draw on (he experience of Australia and the United States of America, where certain price ceiling regulations for used vehicles are in operation and are acting very detrimentally to the motor traders.”
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https://paperspast.natlib.govt.nz/newspapers/DOM19440922.2.25
Bibliographic details
Dominion, Volume 37, Issue 306, 22 September 1944, Page 4
Word Count
171USED MOTOR VEHICLES Dominion, Volume 37, Issue 306, 22 September 1944, Page 4
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