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Car sales on downhill ride
8 December 1974
CAR SALES ON DOWNHILL RIDE
The car sales dead-end into which British Leyland has driven is spotlighted by grim figures issued today. The firm's sales nose dived to 27,212 last month compared with 41,800 in November last year.
Home sales of all British cars crashed from 83,100 to 59,300; And British Leyland cannot be bailed out by parent companies in America or Europe. Ironically, exports by British car firms are increasing, despite the disastrous home record.
This year's exports total is £356 million—12 per cent, up on 1973. One small consolation for 250,000 Midlanders who, one way or another, rely on British Leyland for their livelihoods, is that the car industry crisis has hit Europe, too.
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Sun, 08 Dec 1974
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Sun, 08 Dec 1974
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Tue, 10 Dec 1974
R. W. Shakespeare As British Leyland management began two days of talks yesterday with shop floor representatives about the financial...
Wed, 11 Dec 1974
Lord Stokes, the British Leyland chairman, yesterday issued a special appeal to workers for 'some give and take" in future negotiations...
Sat, 14 Dec 1974
By Maurice Corina Industrial Editor Bankers' guarantees up to a maximum of £50m will be offered to the British Leyland Motor Corporation...
Wed, 18 Dec 1974
By R. W. Shakespeare Assemblv workers at British Leyland's Triumph car plant in Coventry, whose strike over lay-off pay stopped all...
Thu, 19 Dec 1974
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