HUGE MOTOR COMBINE.
£8,000,000 CAPITAL AN AMERICAN AMALGAMATION. Advice has just come to hand from America that the amalgamation of the Maxwell Motor Company and Chalmers Motor Company interests, litid been completed. This powerful combination, operating six great plants in four cities, represents one of the strongest carmanufneturing concerns in the United States. Some of the most prominent men in the motor world are now identified with the new Maxwell-Chalmers organisation. The six great plants have been brought up to a high state of proficiency, and manufacturing practices greatly improved. The banks end interests concerned in the up-building of these properties have introduced fresh capital, bringing the total capitalisation up to Forty Million Dollars (or about £8,000,000).' Despite the "clump year'’ experienced by all manufacturing combfnesj 15,500 Maxwell and Chalmers cars were sold between July. 1920, and March, 3921 (March alone totalling 2000). The schedules for April and May were for 3000 airs each month.
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Taranaki Daily News, 24 June 1921, Page 3
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155HUGE MOTOR COMBINE. Taranaki Daily News, 24 June 1921, Page 3
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