VAUXHALL'S RECORD 1952 SALES CALES of the products of Vauxhall
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ss) Motors, Ltd., in 1952, at £44.5m.,. were 24 per cent, higher than in 1951 and established a record. The final net profit last year was £1,651,871, representing 3.7 per -cent, of net sales. Income and other taxes accounted for £3.639,030.
Out of the total income, 66.2 per cent. (129.5m.) was spent on materials and sevices, 14.6 per cent. (£6.5m.) on wages and salaries, 8.2 per cent. (£3,5m.) on taxation, 4.6 per cent. (Cm.) was allotted for depreciation, 23 per cent. (£1m.) for employee benefits, and 0.4 per cent. (£200,000) was needed for interest on borrowed money. Of the
final net profit, £167,000 went to shareholders and £1.5m. to reserves.
A total of 56,725 vehicles was exported in 1952, including 70 per centof commercial-vehicle output.