WORLD’S MOTOR CARS
AMERICA’S COMMANDING LEAD. Press Association —By Telegraph—Copyright. LONDON, July 25. Sir Erie Geddes, in presiding over the thirty-fifth anniversary of the invention of the Dunlop pneumatic tyro, said) that the world now possessed l ls,ooo,ooo motor cars, of which the United States had 12,000,000. The capital invested in the motor industry in the United- States was equal to the total capital in the iron and- steel industry, and the United States had spent more on new roads in the last twenty-live years than the total capital of all kinds invested in railroads. With the improvement in brakes and non-ekid tyres the speed limit was becoming ludicrous; but the improvement and classification! of the roads would lea-d to the abolition of the speed limit. TTio British motor tyre industry was suffering from American competition, and also from competition by France and other countries with a depreciated currency.—A. and) N.Z. Cable.
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Bibliographic details
Evening Star, Issue 18336, 25 July 1923, Page 5
Word Count
152WORLD’S MOTOR CARS Evening Star, Issue 18336, 25 July 1923, Page 5
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