HC Deb 12 December 1966 vol 738 c21W
97. Mr. Bruce-Gardyne

asked the Chancellor of the Exchequer what discussions he has had with the Rootes Group Limited and Chrysler regarding a purchase of control by the latter of the former; and if he will make a statement.

Mr. Callaghan

Rootes have been in preliminary contact with the Treasury about financial arrangements which may lead to a closer association with Chrysler. The Government are awaiting further information before reaching a conclusion.