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Car Mart Acquire Rhodesian Interests

8th January 1954, Page 43
8th January 1954
Page 43
Page 43, 8th January 1954 — Car Mart Acquire Rhodesian Interests
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MEGOTIATIONS have been coml. pleted for Car Mart, Ltd., the largest Austin distributors in Britain, to acquire the controlling interest in Proctors Garage, Ltd., Broken Hill, Northern Rhodesia, and of their several branches, and of Neill Motors, Ltd., Bulawayo, Southern Rhodesia, a company which also have a number of branches.

This is stated to be the first occasion that an Austin home distributor has acquired extensive overseas interests. The Rhodesias are among the few world markets not subject to import licences for British vehicles, and not affected by currency restrictions. Mining and farming are being expanded.

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Locations: Austin

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