Rootes Pressings (Scotland): Difference between revisions
From Graces Guide
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1967 After [[Rootes Motors|Rootes]] announced a £97 million loss, [[Chrysler]] took a controlling interest with the [[Industrial Reorganisation Corporation]] holding a minority. The 30 subsidiary companies were consolidated into 2 - '''Rootes Motors''' Ltd and '''Rootes Pressings (Scotland)''' Ltd - in order to reduce admin expenses<ref>Times, Dec 29, 1967</ref> | |||
==See Also== | ==See Also== | ||
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[[Category: Town - Paisley ]] | [[Category: Town - Paisley ]] | ||
[[Category: Automotive Components]] | |||
Revision as of 11:43, 10 May 2017
Note: This is associated with Rootes Motors
of Linwood, Paisley.
1967 After Rootes announced a £97 million loss, Chrysler took a controlling interest with the Industrial Reorganisation Corporation holding a minority. The 30 subsidiary companies were consolidated into 2 - Rootes Motors Ltd and Rootes Pressings (Scotland) Ltd - in order to reduce admin expenses[1]
See Also
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Sources of Information
- ↑ Times, Dec 29, 1967