Rootes Pressings (Scotland)
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
Sources of Information
- ↑ Times, Dec 29, 1967