In 1928, they obtained a licence for the manufacture and sale of the Lockheed Hydraulic Braking System for the British Isles and Continental Europe , 1 and in the following year they acquired a controlling curiosity in Zephyr Carburetors Restricted which had premises in Clemens Avenue, Leamington Spa A subsidiary firm named the Lockheed Hydraulic […]
In 1928, they obtained a licence for the manufacture and sale of the Lockheed Hydraulic Braking System for the British Isles and Continental Europe , 1 and in the following year they acquired a controlling curiosity in Zephyr Carburetors Restricted which had premises in Clemens Avenue, Leamington Spa A subsidiary firm named the Lockheed Hydraulic Brake Firm Ltd was shaped and brake component manufacture started. The company gross sales further declined because of elevated competitors in the automotive parts business, and with the decline of the AP enterprise it was progressively lowered and damaged up. Lockheed Hydraulic Brake was ultimately sold to an Indian Company beneath the title of Caparo AP Braking whereas the Clutch Division was bought to Magel Engineering in 2005, and two years later sold to Raicam Industrie s.r.l. Italy.
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- Published On : 1 year ago on 27/06/2016
- Author By : nikita
- Last Updated : June 15, 2017 @ 12:50 pm
- In The Categories Of : automotive products
- Tagged With : details, location