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Motor Industry's Welcome

20 January 1961

The motor industry welcomed the relaxation in credit restrictions last night. A Ford spokesman said: "Our company hopes to go back to a four-day week at the beginning of next month, and this new relaxation of the hire purchase order will, we hope, act as a fillip to that objective."

Spokesmen for Rootes, Vauxhall, and Standard-Triumph International, while hopeful of the effects. thought it would be some time before they could assess any benefits. and a spokesman for the British Motor Corporation in Birmingham commented that it remained to be seen whether the relaxation was sufficient to meet the industry's difficulties.

More news from the archive

Fri, 13 Jan 1961
BLOW TO PLAN TO REDUCE CAR PRODUCTION COSTS From Our Correspondent COVENTRY, JAN. 12 Shop stewards at Standard Triumph International,...
Mon, 16 Jan 1961
FROM OUR CORRESPONDENT OXFORD, JAN. 15 Sharp cuts in the production of the Morris Minor and Mini-Minor cars, which have led to the...
Tue, 17 Jan 1961
FROM OUR CORRESPONDENT OXFORD, JAN. 16 Trade unions represented in Oxford car factories sent a deputation to the City Council today...
Wed, 18 Jan 1961
FROM OUR CORRESPONDENT COVENTRY, JAN. 17 Over 150 shop stewards of Standard- Triumph International Ltd., of Coventry, who last week...
Wed, 18 Jan 1961
There is to be a further cut in production at the Fisher and Ludlow factory here, the main body-building plant of the British Motor...
Tue, 24 Jan 1961
FROM OUR CORRESPONDENT OXFORD. JAN. 23 The management at Morris Motors. Cowley, Oxford. will be asked by the men tomorrow to discontinue...
Tue, 31 Jan 1961
S.-T.I. Losses Substantial losses are being incurred by Standard-Triumph International which will not be made good by the end of the...
Sun, 05 Feb 1961
FROM OUR CORRESPONDENT OXFORD, FEB. 2 There will be a five-day week again for several hundred workers at the Cowley factory of the...
Wed, 15 Feb 1961
A CHEAPER TYPE OF TRIUMPH HERALD FROM OUR MOTORING CORRESPONDENT The Standard-Triumph Company announce the introduction today of an...
Sat, 18 Feb 1961
The Ford Motor Company return to a five-day week on Monday after nearly three months of short time, and Standard-Triumph International...
 

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