Vauxhall
20th March 1982, Page 3
20th March 1982
Page 3
Page 3, 20th March 1982
— Vauxhall
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BEDFORD's 14.9 per cent share of the 1981 British commercial vehicle market helped reduce Vauxhall Motors' loss from 1980's £83.3m to £57.4m. Overall Vauxhall/Bedford sales fell from 195,145 to 183,319, with net sales falling from £766.8m to E761.7m.
Vauxhall chairman and managing director John Fleming commented: "There is no doubt that Vauxhall is on the road back, as already evidenced by the marginal profit level attained in the second half of 1981. Performance is expected to continue to improve significantly in coming years."
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