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Million Annually From B.M.C. by 1963
4th May 1962, Page 85
4th May 1962
Page 85
Page 85, 4th May 1962
— Million Annually From B.M.C. by 1963
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IN a message issued last week to mark I the tenth anniversary of the British Motor Corporation, the chairman, Mr. G. W. Harriman, points out that since the corporation was formed in 1952 annual production has risen from 278.840 vehicles to 601,399. Annual sales turnover has risen to £311m.
"Our current productive capacity exceeds 750,000 vehicles a year," continues Mr. Harriman, " and by next year our expansion plan will have raised capacity to a million vehicles a year—and nothing less will do if we are to meet the challenge of ever-increasing world demand for motor transport."