Rootes Group or Rootes Motors Limited was a British automobile manufacturer and, separately, a major motor distributors and dealers business.
FactSnippet No. 968,125 |
Rootes Group or Rootes Motors Limited was a British automobile manufacturer and, separately, a major motor distributors and dealers business.
FactSnippet No. 968,125 |
Rootes Group was under-capitalised and unable to survive industrial relations problems and losses from the 1963 introduction of a new aluminium-engined small car, the Hillman Imp.
FactSnippet No. 968,127 |
Rootes Group had moved his operations to Maidstone by 1914 and there he contracted to repair aero engines.
FactSnippet No. 968,129 |
Hillman and Commer were made wholly owned subsidiaries of Humber Limited and the Rootes Group brothers' holding eventually became 60 percent of the Humber ordinary shares.
FactSnippet No. 968,130 |
New Rootes Group Limited was incorporated in 1933 to hold the very profitable core business of the Rootes Group brothers: the motor distribution and servicing functions, and its extension and development of export markets.
FactSnippet No. 968,131 |
Rootes Group was now a public listed company and the new capital repaid the Prudential and Midland Bank loans.
FactSnippet No. 968,132 |
Rootes Group owned, on average, about 80 per cent of the capital of its subsidiaries.
FactSnippet No. 968,133 |
Rootes Group manufactured military vehicles, based on the Humber and Commer.
FactSnippet No. 968,135 |
Rootes Group had a rare lapse of business judgement shortly after WWII.
FactSnippet No. 968,136 |
Rootes Group successfully sold a range of cars priced at a slight premium to their major home market competitors, justified on the basis that they offered a level of superiority in design and finish.
FactSnippet No. 968,137 |
Rootes Group introduced a novel supercharged diesel engine in 1954, based on a Sulzer Brothers concept.
FactSnippet No. 968,138 |
Rootes Group considered that the Alpine's sales would be improved with a more powerful model.
FactSnippet No. 968,139 |
In 1963, Rootes Group introduced the Hillman Imp, a compact rear-engined saloon with an innovative all-aluminium OHC engine, based on a Coventry Climax engine design .
FactSnippet No. 968,140 |
In 1968, Rootes Group entered a factory team in the London-Sydney Marathon.
FactSnippet No. 968,141 |
In June 1964 Rootes Group Motors announced Chrysler Corporation would take a 30 per cent interest in their ordinary capital offering current shareholders double the market price and a 50 per cent share in the non-voting preference capital for almost three times market price.
FactSnippet No. 968,142 |
The Rootes Group name had largely vanished by 1971, and its other brand names were progressively phased out during the 1970s.
FactSnippet No. 968,143 |
In Iacocca—an Autobiography, former Chrysler chairman Lee Iacocca was disparaging of the Rootes Group operation, writing that Chrysler should never have bought it.
FactSnippet No. 968,144 |