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IndianaGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-14-08 08:20 PM
Original message
Help urged for UK motor industry
Source: BBC News

Help urged for UK motor industry

Page last updated at 17:42 GMT, Sunday, 14 December 2008


Union bosses have joined calls for the government to urgently give financial support to the UK's car industry.

With global sales tumbling, carmakers want a substantial financial package from the government to help them through the tough economic climate.

Senior motor industry figures met with ministers last month to appeal for assistance during the downturn.

But there is uncertainty over whether any substantial help will be offered, amid fears of major job losses.

About 850,000 people work in the manufacturing and supply sides of the UK auto sector.

And the Sunday Times quoted one unnamed senior car industry executive saying that he feared the worst if intervention did not come soon.

http://news.bbc.co.uk/2/hi/business/7782373.stm

Read more: http://news.bbc.co.uk/2/hi/business/7782373.stm



Meanwhile, Bush is on a grand tour of the countries his armies have ravaged, while our auto industry faces extinction.
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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-15-08 04:41 AM
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1. For the purpose of comparison - broadly speaking,
unlike the situation that appears to be so in the USA with Japanese manufacturers , all of our car plants are fully unionised i.e Toyota, Honda and Nissan etc. That's partly due to this leglislation : http://www.direct.gov.uk/en/Employment/TradeUnions/DG_10027560

The whole world is reliant on the well being of your own car manufacturing facilities for numerous reasons. The Swedes have already agreed to join the party and I'd hope the UK would too.
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