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Proceeding contribution from Lindsay Hoyle (Labour) in the House of Commons on Wednesday, 12 December 2007. It occurred during Adjournment debate on Car Manufacturing.


Car Manufacturing

I have great respect for the Chairman of the Trade and Industry Committee, but we can agree on one thing: we have new models. We should remember that Ford has taken a tough decision. It invested in Aston Martin, made it profitable with new models and then sold it. There has been investment in the Land Rover Discovery and Freelander models, and they are making a profit. It is important to be profitable. Jaguar is losing money, but Ford has invested heavily in the launch of the new mid-range car that will come on the market in March next year, and that should be a huge success. When there is a success story, why sell? Why not show commitment? That is the difference.


Secondary information

Type
Proceeding contribution
Reference
469 c73WH 
Session
2007-08
Chamber / Committee
Westminster Hall
Subjects
Cars Exhaust emissions Motor vehicles Manufacturing industries Pollution control Production
Link
View this Proceeding contribution on www.publications.parliament.uk