BRITISH MOTOR INDUSTRY
SLIGHT DECREASE IN EXPORTS The British motor industry has suffered in only a minor degree from the prevailing trade slump, as the figures of imports and exports for the seven months to July, 1930, as compared with the corresponding period of 1929, indicate, says a report received by his Majesty’s Trade Commissioner in New Zealand.
The imports of cars, commercial vehicles, and chassis during this period totalled 8118 to a value of £1,315,340 as compared with 27,579 value £3,302,767, a decrease of 19,461 (value £1,987,427)- Of this decrease cars dropped from 9672 to 4445, while the import of chassis decreased from 17,863 to 3641- Whatever additional reasons there may have been for this it is at least fairly clear that there is an increasing demand im the Home market for British-madejiß|or vehicles, which fact is further emflßßised by the figures of the July monthly return. In that month this year only 285 cars were imported, of a value of £61,484, as compared with 1181 in the same month last year, of a value of £184,861. In the same month chassis dropped from 3085 (value £242,164) in June, 1929, to 302 (value £43,378) in the same month inis year
Exports of British cars, commercial vehicles, and chassis also showed a slight decrease, the figures for the seven months of this year being 18,915 (value £4.330,609), as compared with 24,819 (value £4,930.908), a decrease of 5904 to a value of £600,299.
The figures for the exports and imports of cars, commercial vehicles, and chassis for the seven months of this year as -compared with those of the «ame period last year, arc as follow:
Jan.- Imports Exports Excess of July exports
Decrease 1.987,427 600,299 inc-1,387,128
.1929 £ £ . 3,302,7(57 4,930,908 £ 1,628,141 1930 . 1,315,340 4,330,609 3,015,269
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Bibliographic details
Wanganui Chronicle, Volume 73, Issue 424, 15 November 1930, Page 9
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294BRITISH MOTOR INDUSTRY Wanganui Chronicle, Volume 73, Issue 424, 15 November 1930, Page 9
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