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Lord Stokes confident in a 'distribution society'
Page 23
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ALTHOUGH the total commercial vehicle market this year in the UK would sag to about 65,000 units instead of the 80,000 which it should have been, much of this lost business was a backlog which the vehicle industry would have to supply at some time, said Lord Stokes last week.
British Leyland's chairman said that we were basically a distribution society, and he saw no fundamental changes in that respect; there might be hiccups through economic or industrial disruption, but there was an inevitability about the business coming back.
In the past year BLMC had increased its penetration to 31 per cent in the UK; the corporation's export sales in 1973 remained at 48 per cent of production the £424m of direct exports were the largest of any British concern. BLMC was intensifying its efforts in Western Europe, which at present took 10 per cent of its exports.
Despite talk of exotic passenger transport systems, the bus would remain popular through its flexibility. Leyland was proud that New York had chosen its latest double-deckers with which to run experimental services.
Lords Stokes told CM that if only the Leyland National Workington plant could be kept fully occupied building standard buses, there would be no need of such special projects as the "Lifeliner" on show at Earls Court.