[zb]
anorak:
You have not read kr79’s post properly, have you? It says that the profits were low due to bad workmanship. The money was not there even if the workers deserved it, which they did not, for obvious reasons. The general theme is that, as a group, they were lazy, greedy, useless bums (with apologies to any competent members of the manufacturing industry whose companies were successful in the 1960s and '70s).
As I read it it said the profits were cut by warranty claims.It obviously didn’t provide a detailed breakdown of the actual causes of the failures which led to the warranty claims.But you can bet that fair few of those warranty claims would have been for blown up Triumph Stag V8’s unlike Mercedes 450 V8’s.No not lazy,greedy,useless,bums many of who had shortly before that helped to win a world war.Just like the Triumph Stag V8 more like compromised design and underdevelopment caused by austerity thinking in the uk automotive manufacturing industry and buyers looking for something for nothing.Just like their employers who were paying them peanuts in real terms as the real value of the wages they were being paid fell.Which is why those Triumph designers weren’t given a blank cheque to produce a motor which could compete with that Merc and it’s also why Leyland Group trucks only had trucks like the ERGO in it’s armoury going into the 1970’s to compete with the assorted foreign competition ranged against it.