Tag Archives: car industry

by | June 30, 2010

Vince Cable: No more bailouts for the car industry

Business Secretary Vince Cable has warned the new Government will rein in financial support for the British motor industry. Speaking at a conference in London arranged by the Society of Motor Manufacturers and Traders (SMMT), he said, “Our starting point … Continue reading →

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by | April 7, 2010

Mercedes, Renault and Nissan join forces

In a surprise press conference this morning, Mercedes-Benz, Renault and Nissan announced a wide-ranging alliance. Daimler – which owns Mercedes-Benz and Smart – will now collaborate with the Renault-Nissan Alliance on a wide range of new cars, engines and a … Continue reading →

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by | January 12, 2010

Should car makers get cash bail-outs?

Hundreds of US citizens protested against the £50 billion bail-out of the American car industry today. Demonstrators outside the Detroit Motor Show are against the cash injections given to GM and Chrysler. But is it fair for car makers to … Continue reading →

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