Tag Archives: SMMT
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
Filed under Industry
Have you scrapped an old car for a new one?
Over 200,000 cars have been sold under the scrappage scheme since it began. This has left buyers until November 23 to trade in their old car in exchange for a £2,000 discount on a new one.
Filed under Auto Trader, car, Cars, credit crunch, News, Scrappage
Should the British motor industry get government help?
As the fallout from the credit crunch gets worse, two groups representing the British motor industry have written to the government to ask for financial help. Should taxpayers’ money be spent on supporting the motoring industry? What do you think … Continue reading
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