Britain: Autos in a Skid

For years both Tory and Labor politicians have considered the British auto industry a handy tool for manipulating the economy. Thus the industry has careened along from boom to gloom, with government, labor and management all wrestling at the controls. Last week the auto business was skidding from the effects of the ninth major switch during the past decade in the government's policy on car sales.

In the first half of 1966, the industry sold a record 708,939 cars. Prospects were good for the second half as well. But, in July, the...

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