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CARS DESTROYED

CURE FOR OVER-PRODUCTION. London, Dec. 16. Cars worth in the aggregate thousands of pounds were set oh fire during the. week and sent over a steep bank into a disused gravel pit, which was then flooded to a depth of more than 30ft. In this way prominent car distributors followed the drastic methods of American wheat and coffee growers, who destoryed surplus stocks in order to'offset over-production. Saloons, coupes and tourers of all makes made the fatal leap. Most of them had been taken in part exchange for neW Cars since the Olympia Motor Show. They included a 45 h.p. model which cost £1750, and which roared to its doom like a racing car. Other makes, which from five to 10 years ago were the pride of their makers, were among those destroyed. The chairman of Henlys, Ltd., said that most of the cars were unsaleable owing to the exorbitant tax, and the large engines wore not worth dismantling, even where the engine was brand new.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19321223.2.94

Bibliographic details

Taranaki Daily News, 23 December 1932, Page 7

Word Count
168

CARS DESTROYED Taranaki Daily News, 23 December 1932, Page 7

CARS DESTROYED Taranaki Daily News, 23 December 1932, Page 7