DEARER MOTOR TYRES
EFFECT OF IMPORT RESTRICTIONS. [ Per Press Association..] AUCKLAND, May 16. An increase of five per cent, in the wholesale and retail price of motoi tyres in Auckland and other parts o. New Zealand has taken effect, and it is expected in some quarters of the retail trade that further increases may follow soon. The tyre-distributing companies explain that the rise is due to increase; in the cost of raw matrials, but it h generally attributed by retailers tc the effects of the Government’s import regulations, which have reduced the quantity of imported tyres by If to 20 per cent. Stocks in New Zealand, supplemented by imports, arc expected to be adequate for requirements some time ahead.
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Bibliographic details
Wanganui Chronicle, Volume 83, Issue 114, 17 May 1939, Page 8
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119DEARER MOTOR TYRES Wanganui Chronicle, Volume 83, Issue 114, 17 May 1939, Page 8
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