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SPEAKERS' CORNER
Page 11
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Mr. L. G. T. FARMER, president of the Society of Motor Manufacturers and Traders and executive vice-chairman of the Rover Co. Ltd., at the S.M.M.T.
"The Beeching Report has rightly aroused considerable interest and it is to be hoped that it is the first step towards properly planned and co-ordinated transport system. Although road transport is in competition :with the railways we welcome this move to make them efficient on their own account, hut it is only common sense that the process of _modernizing our road system should be pressed forward z..s quickly as possible.
" Despite the inadequacy of our road system the role of the commercial vehicle has become increasingly more important, because the developing pattern of trade and industry has called for the flexible, speedy, economic and door-to-door services which road transport is so well suited to provide. It keeps production on the move.
I he motor industry is fundamentally an assembly induetry and is itself very much: reliant upon its own product, fer it' depends largely upon it for the maintenance of its rhythm of production, through the efficient and continuous flow into the factories of components drawn from many sources.
"The. British motor industry is the biggest exporter of .commercial vehicles in the world, and one should not overlook the value to the balance of payments of a healthy and thriv'ng commercial vehicle industry. During the past 10 'years these exports, ranging from the heavy lorry and public serv:ce vehicle to the light van, have totalled nearly 14.millIbn units, and brought to Britain overseas Currency to the tune of_neatly £970 million, or over a quarter of a million pounds every day.
" Looking back to 1962, the industry's export of all motor. products in 1962 exceeded all previous yearly figures by reaching. over £644 million: "Looking forward to 1963, I am hopeful that it will establish still further.records in production and export during the current year."