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From the Rolls-Royce experimental archive: a quarter of a million communications from Rolls-Royce, 1906 to 1960's. Documents from the Sir Henry Royce Memorial Foundation (SHRMF).
Progress report on cost savings and development for the P.III, P.II, B.50, B.III, and Wraith models.

Identifier  ExFiles\Box 148\5\  scan0325
Date  27th April 1938
  
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27.4.38.

The result is that whereas the P.III after it had been in production over a year, was still about 25% more costly to produce than the P.II chassis it replaced, the estimated saving due to material and design of B.50 is at present more than 30%.

In addition to reducing the cost of the car and developing it in a shorter time, it has also been necessary to cut down experimental expenses. The peak year of P.III's , experimental expenses were £122,131 on cars; this year, which may be considered the peak year for B.III and B.50, we have so far succeeded in working at the rate of a budget of £60,000 per annum, a reduction of 50%.

The only work of any importance that was done at the same time as the P.III was increasing the bore of the 6-cyl. unit from 3¼ to 3½. The Wraith, particularly with regard to Works' requirements from the D.O., has slowed up B.III progress considerably as much of it has been dealt with in parallel. Simultaneously, a greater effort than ever before has been put forward by the Aviation portion of the Expt. Dept.

Tabulating past achievements against present targets we therefore have:-
  
  


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