AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

More Leyland closures?

5th September 1981
Page 3
Page 3, 5th September 1981 — More Leyland closures?
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

FURTHER factory closures in the Leyland Group seem imminent, following the announcement of a loss of £47m in the first half ol 1981 This compares with a E32m loss in the second half of last year, and a Om profit on commercial vehicle activities in the first half of 1980, when the new vehicle market was still buoyant. A Leyland Vehicles spokesman said this week that Leyland Group rnanagemen have still to take decisions abou the future of the company ove the next few months, and saii that trades unions would be in formed once these decision were taken.

While he would not sa. whether that involved further re dundancies or plant closurez the losses, which reflect the con tinued lack of demand for nev lorries, demand action to keel BL on target for its eventual re cove ry.

Once again, the Bathgate fac tory in West Lothian, at whicl the recently-announced expor Landmaster is built, looks at risk The same goes for the Guy plan at Wolverhampton, which build. export Landtrain lorries and Vic tory buses.

Tags

Locations: Wolverhampton

comments powered by Disqus