|
|
- NEWSLETTERS
- MOBILE APPS
-
ADD TIME NEWS
Business & Finance: Ford in London
Some years ago, Henry Ford established an experimental factory at Cork, but his calculations did not in-clude the local brand of corrupt politics. Abandoning the Irish base, he next tried Southampton but ran into the heavy handicap of red tape on the part of city officials. Simultaneously, he opened a small plant near Manchester, but has not found it desirable to expand his facilities there.
In consequence, after these many wanderings, Mr. Ford has decided to locate his main British factory in Dagenham, ten miles from the heart of London. The new plant will employ 10,000 men, will turn out 500 cars a day. It will be the largest automobile plant in the British Isles, although small compared with existing Ford factories in Detroit.
The incentive behind Mr. Ford's determination to build and operate in England is undoubtedly that he will have there no competitors in manu- factoring cheap cars. The cheapest British car costs $575; British makers are so unaccustomed to standardization of a few models only, that they manufacture over 300 models. Daimler alone has 5f models.
In all England, there are at pres-ent only 350,000 cars. Of these, about 200,000 are Fords.
Most Popular »
- Facebook's Secret Code
- Tiger Gets Mulligan from the TV Networks
- Uganda's Anti-Gay Bill: Inspired by the U.S.
- TIME's Top 10 Medical Breakthroughs of 2009
- The Troubles at Kroger: Frugal Consumers
- Why Greece Could Be the Next Dubai
- Putin: Yes, I May Run Again. Thanks for Asking
- The Growing Backlash Against Overparenting
- Why Does Google Search Love Examiner.com?
- Family Feud Imperils a Prized Spanish Art Collection
- Uganda's Anti-Gay Bill: Inspired by the U.S.
- Facebook's Secret Code
- The Job Market: Is a College Degree Worth Less?
- The Troubles at Kroger: Frugal Consumers
- TIME's Top 10 Medical Breakthroughs of 2009
- Why Greece Could Be the Next Dubai
- Family Feud Imperils a Prized Spanish Art Collection
- Will Fashion's Biggest Names Kiss the Runway Goodbye?
- Tiger Gets Mulligan from the TV Networks
- Why Does Google Search Love Examiner.com?





RSS