Rootes Truck Sales Up Last Year
28th November 1958, Page 37
28th November 1958
Page 37
Page 37, 28th November 1958
— Rootes Truck Sales Up Last Year
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DESPITE difficult conditions, many more commercial vehicles were sold last year by the Rootes Group than in the previous year, says Sir William Rootes in his annual statement.
He urges the Government not to be precipitous in entering into commitments in European free trade unless Britain obtains fair trading conditions. He stresses the importance of maintaining present cost levels or, if possible, reducing them.
"1 cannot, however, be confident that inflation in this country has been held, and I therefore feel the industry's competitive position internationally can become somewhat precarious," he says. He also attacks purchase tax which, in the case of commercial vehicles, he describes as " quite indefensible."