DUAL-POWERED BUSES
"The first of a new type of bus, which can run by electricity drawn from overhead wires like a trolley-bus, or, under its own engine power, has been delivered to the Public Service Coordinated Transport, New York, by the makers. The company plans to use these vehicles as substitutes for some of its street car lines. Sixty-one other vehicles of this type will be brought into service this year.
In spite of the N.R.A. Code regulation, which, was framed largely with the aim of preventing a glut in the used-car market, it is feared that the high volume maintained by new-car sales in the United States is overloading the retail outlets and tying up too much dealer capital in the form of "iron" on used-car lots. This possibility has led the National Automobile Dealers' Association to conduct a quick country-wide survey with the object of finding out what the present accumulation amounts to, and what it may result in later.
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Bibliographic details
Evening Post, Volume CXX, Issue 6, 6 July 1935, Page 32
Word Count
162DUAL-POWERED BUSES Evening Post, Volume CXX, Issue 6, 6 July 1935, Page 32
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