Leyland Chairman On Merger Benefits
Sir Henry Spurrier, chairman and managing director of Leyland Motors, Mr Stanley Markland, deputy managing director, and Mr Donald Stokes, sales director, have joined the board of Associated Commercial Vehicles, following the merger between the two companies. Lord Brabazon, A.CV. chairman, and Sir William Black, managing director, have been been appointed to the Leyland board.
Commenting on the future of the new group Sir Henry Spurrier said: “We are extremely optimistic about the benefits which will accrue to both organizations from the merger and particularly from the integration of our manufacturing, research and development facilities. This will constitute a pool of knowledge and experience which is unrivalled in the field of heavy lorries and passenger transport. In Great Britain, however, we intend to operate our organization independently and indeed competitively as we feel that this provides a stimulant to both companies and is ultimately of great benefit to our customers.
“In overseas markets the merger will enable us to take advantage of the considerable combined facilities for assembly and local manufacture which have been established over a number of years, and also to present a united front against the tough and ever-growing foreign Competition in our ceaseless efforts to obtain bigger and better export orders.”