Garage profits inquiry
1st November 1974, Page 18
1st November 1974
Page 18
Page 18, 1st November 1974
— Garage profits inquiry
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THE Price Commission is employing consultants to examine costs and revenues of independent garages as a basis for the Commission's trade profitability assessment. The Commission itself is making inquiries about filling stations which are operated directly by the oil companies.
The study, which Deloitte, Robson, Morrow and Co is undertaking on a sample basis, follows research by the Commission into the different circumstances of garages selling petrol. The inquiries follow an instruction to the Commission by the Secretary of State for Prices and Consumer Protection to examine the level and adequacy of margins and discounts accruing to retailers from sales of vehicle fuel.