Archive : Standard-Triumph losses

S.-T.I. Losses
Substantial losses are being incurred by Standard-Triumph International which will not be made good by the end of the financial year to next August, although later in this year the company expects to be operating at a profit. Bank facilities have been made available to meet the current trading position. These facts are revealed in a letter to Leyland stockholders from Mr Henry Spurrier, chairman of Leyland Motors.

Keith Adams

Be the first to comment

Add to the debate: leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.