Armstrong Siddeley Motors Ltd. Car policy meeting No.2

1 Present 18 hp position: Cars to deliver to complete sanction 528 Cars built and passed to road test 135 Bodies built or building 128 263 Cars nor laid down and to be considered for disposal 265 2 Financial commitments So far as Mr Rudgard can estimate today the following figures apply: Average cost of materials per car £540 Commitment per car £465 Giving a saving by cancelling per car £75 3 Suggestions for disposal a) Cancel 50 sets, b) Absorb say 50 sets as spares into service c) It is thought that 25 cars can be disposed of to group companies d) Dumping a quantity of cars abroad We have today, therefore, planned the disposal of 125 cars, 100 of which will not be built