Setback for LDV

Van manufacturer LDV this week reported a fall in profits from £21.5m to £20.5m in 1996 on the back of tighter market conditions and launch costs. Turnover increased by 6% to £229m, while exports doubled to almost 10% of total output.

Van manufacturer LDV this week reported a fall in profits from £21.5m to £20.5m in 1996 on the back of tighter market conditions and launch costs. Turnover increased by 6% to £229m, while exports doubled to almost 10% of total output.