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Economist Wants More Mergers

5th September 1958, Page 42
5th September 1958
Page 42
Page 42, 5th September 1958 — Economist Wants More Mergers
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Which of the following most accurately describes the problem?

FURTHER amalgamations of motor manufacturers to improve the British motor industry's position in a European Free Trade Area were advocated last week by Mr. Aubrey Silberston, lecturer in economics at Cambridge University. He was speaking at Glasgow at the annual meeting of the British Association for the Advancement of Science.

He thought the British motor industry would be in a strong position, so long as careful attention was given to the models -produced and to sales policy. It would be strengthened if individual models of cars and commercial vehicles were made in larger numbers—a process which, he thought, amalgamation would facilitate.