Austin Morris plan 25 pc rise in output
13 February 1969
The Austin Morris division of British Leyland Motor Corporation is planning to increase output this year by nearly 25 per cent, said a spokesman yesterday. The 1969 production target is 850,000 units, 160,000 more than last year's total. The figure, he explained, includes sets packed in this country for assembly overseas. The division's target of one million cars in a year should be reached within the next two years, he added.
The current level of production at the four assembly plants in the division, at Longbridge and Adderley Park in Birmingham and at Oxford and Abingdon, is now running at just over 18.000 vehicles a week. In a special supplement which appears in the current issue of the works newspapers, Lord Stokes. the chairman, says that the profit of £37.9m. up to the end of last September did not equal the average profits of the constituent companies over the past five years. The total sales for the 12 month period were £907m. and the profit before tax was just over 4 per cent of turnover, a margin of 10d. in every pound of sales. Lord Stokes says:
" This is not nearly as good as some of our major United Kingdom and European competitors. To keep with the best we need to generate some- thing like twice as much, which sounds ambitious. But we could achieve it if we could avoid production interruptions. We estimate that we lost 80.000 vehicles in 1967-68 through such interruptions somewhere in the industry."
More news from the archive
Wed, 08 Jan 1969
DAILY MIRROR Proposals for a return to work will be put to 200 Rover assembly workers today. The men went on strike on Monday after...
Tue, 21 Jan 1969
DAILY MIRROR A wildcat strike stopped work yesterday on the new XJ6 " super " Jaguar car. Workers assembling the XJ6 at Coventry...
Thu, 23 Jan 1969
DAILY MIRROR By PAUL CONNEW Car production in Coventry — Britain's major motor city — was brought to a complete standstill by strikes...
Mon, 27 Jan 1969
THE GUARDIAN Normal work will be resumed tomorrow at Jaguar Cars, Coventry, where 700 workers in a wages dispute last week stopped...
Fri, 31 Jan 1969
DAILY MIRROR By Robert Head A Britain feverish with takeover talk and fear of redundancy is treated today to a soothing message from...
Thu, 13 Feb 1969
BY GILES SMITH Standard-Triumph announced last night further expansion plans for their new Liverpool body-finishing plant. The new...
Mon, 24 Feb 1969
DAILY EXPRESS By David Benson Car chief Mr Roy Haynes the man who designed the best-selling Cortina spoke last night of his decision...
Tue, 25 Feb 1969
DAILY EXPRESS Jaguar Cars have started night shifts on all their assembly tracks for the first time in 46 years to meet increasing...
Wed, 05 Mar 1969
THE GUARDIAN A week-old stoppage at the Cardiff plant of the Rover company over a pay dispute will end today. A decision to return...
Thu, 06 Mar 1969
THE GUARDIAN Another component dispute was near a settlement yesterday. Production returned to normal at the Rover works in Cardiff...