B.T.C. Company Taxes Add
Page 43
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£92 to Vehicle
" IF, during the year under review. income tax and profits tax had been eliminated, then, everything else being equal, we could have reduced the price of our vehicles by £33 to £92 each, depending on the size and type, without affecting the company's net results," says Mr. Sydney S. Guy, chairman of Guy Motors, Ltd., in his annual report.
He states that the number of orders for buses placed by municipalities had shown a big reduction, because of the refusal of the Government. in many instances, to grant loans. Generally, the nationalized bus and haulage companies had not placed orders for vehicles, and in some cases, deliveries had been held up.
"Like all other firms in the heavy
commercial vehicle • industry," Guy Motors, Ltd., was unable. because of the lack of sterling and import licences in some important markets, to reach the Government's export quota. The Guy company's percentage of exports was well above the average, but. although shipments had increased, the vehicles had been supplied to established markets; rather than to new ones.
UNION DISPUTE: WORKS CLOSED
A TRADE union dispute at the Hillington factory of Industrial
Motor Services, Ltd., has resulted in a closing-down of the works. Three hundred people were employed there on reconditioning W.D. vehicles.
Last June, 20 panel-beaters, members of the Sheet Metal Workers' Union, refused to do certain work. Negotiations with shop stewards brought no settlement and in July the men were told to either do the work or seek alternative employment.
The men struck. Members of the National Union of Vehicle Builders were then asked to do the work. This led to a dispute between the two Unions and an increase in the number of men on strike.
P.T.A. CONFERENCE PROGRAMME
DETAILS have been circulated by the Public Transport Association of its 1951 conference to be held at Bournemouth. The headquarters will be at the Royal Bath Hotel, but all business sessions and other functions will be held in the Bournemouth Pavilion.
On May 1 will be an informal recep
tion. A racfng at which a naper will be read, and the conference dinner, will take place on the following day. On May 3 will be a paper, civic reception and dance.
HIRER NOT LIABLE
0"eptember 26 at 5.45 p.m. a canopy fell off a lorry hired by the Road Surfacing Co., Ltd., Rowley Regis. A summons was issued against the company for permitting the offence, but as it was held that the day-to-day hire of the vehicle terminated at 5.30 p.m. the summons was dismissed.
The driver was fined £2.