RECORD YEAR FOR FORD
9th January 1959, Page 52
9th January 1959
Page 52
Page 52, 9th January 1959
— RECORD YEAR FOR FORD
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AA NEW works production record of 417,000 units in 1958 beat the previous best figure (1955) of the Ford Motor Co., Ltd., by 17 per cent. For the first time, sales to home and overseas markets both exceeded 200,000. During the year, 42,000 vehicles were shipped to the United States, earning $80m. In Europe, Ford secured 38 per cent. of British vehicle exports.
An important factor in the year's production figures was the completion of the new Thames foundry and body press shop. Their increased output will be matched in the spring by a new assembly building, the third major item in a £10m. expansion programme.