LARGER EXPORT QUOTA
BRITISH MOTOR CARS BOARD OF TRADE REQUEST N.Z.P.A. Special Correspondent Rec. 8.30 p.m. LONDON, Aug. 14. The Board of Trade has asked the British motor manufacturing industry to increase its export quota from 60 per cent, to 75 per cent. The industry agreed only two months ago to increase the quota from 50 to 60 per cent., but will oppose further increases on the. grounds that the number of vehicles left for the home market is insufficient to maintain necessary transport. Theoretically, however, the Board of Trade lias the last word, because it can ration the steel allocation to motor vehicle manufacturers if they do not comply with its requirements. At present British car production is approximately 30,000 a month, but owing to the steel shortage this is expected to drop to 26,000 a month. When Government departments have taken their requirements from the balance left for home use, private motorists will receive fewer than 6000 vehicles a month to satisfy the waiting list which is already estimated at over 500,000.
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Bibliographic details
Otago Daily Times, Issue 26540, 15 August 1947, Page 5
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174LARGER EXPORT QUOTA Otago Daily Times, Issue 26540, 15 August 1947, Page 5
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