Race For European Supremacy
The Daily Telegraph’s motoring correspondent says: “The British motoring industry has decided to partake in an industrial exhibition at Copenhagen in September, thus opening a new chapter in the struggle for the world’s. motor car market. The United States is already believed to be out of the European markets permanently, and will soon bo out of the markets of the whole empire. The future of the motor car trade in Europe rests between Britain and Germany. Within the past year tho United States lost her former artificial export business, in which the high profits of the home trade enabled her to export at prices 15 per cent, below cost. America produced only 2,500,000 motor cars in 1931, compared with 5.500,000 in 1929.
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Bibliographic details
Manawatu Times, Volume LV, Issue 6866, 24 May 1932, Page 4
Word Count
126Race For European Supremacy Manawatu Times, Volume LV, Issue 6866, 24 May 1932, Page 4
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