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Leyland's £200m back-Britain drive
9th August 1968, Page 45
9th August 1968
Page 45
Page 45, 9th August 1968
— Leyland's £200m back-Britain drive
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• Sir Donald Stokes, British Leyland deputy chairman, on Wednesday announced a vast investment programme for the next four years.
"We are prepared", he said, "to put .£200m of the shareholders' money into a really backing-Britain drive with hard cash to expand on the commercial vehicle and car front.
"We can only pay ourselves more money", he continued, "if we first pay for our seed corn—that is new equipment, new machine tools and new technology. With these we can beat the rest of the world".