Quizzes & Puzzles9 mins ago
Car Industry layoffs
Honda cars made in Britain have been given a 4 month layoff because of falling sales.
http://news.bbc.co.uk/1/hi/business/7859863.st m
In France and Germany the motorist has been a massive trade in price old their old vehicle to buy a new greener car. Mandellson's scheme only helps motor manufacturers in research and therefore a plan for the future.
Should the UK fall in line with Germany and France by offering a similar scheme so keeping British car workers in employment?
http://news.bbc.co.uk/1/hi/business/7859863.st m
In France and Germany the motorist has been a massive trade in price old their old vehicle to buy a new greener car. Mandellson's scheme only helps motor manufacturers in research and therefore a plan for the future.
Should the UK fall in line with Germany and France by offering a similar scheme so keeping British car workers in employment?
Answers
Best Answer
No best answer has yet been selected by rov1200. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Different countries are targeting help in different ways to different sections of their economies.
France and Germany have much more significant car manufactuting industries. Renault, Peugeot, Citroen, BMW, Audi, VW etc. etc.
So it makes sense for those countries to strongly target them.
Personally I think the Liberal Democrats have the right idea that, we have a lot of slack in the building trade, cheaper land and a problem with affordable houses and we should be engaging on a program of building.
But this is a new type of recession, unlike the old 80's ones where old industries were dying off so nobody's exactly sure what the best approach is.
Just as long as it's not sitting on your hands, doing nothing and talking about market forces.
France and Germany have much more significant car manufactuting industries. Renault, Peugeot, Citroen, BMW, Audi, VW etc. etc.
So it makes sense for those countries to strongly target them.
Personally I think the Liberal Democrats have the right idea that, we have a lot of slack in the building trade, cheaper land and a problem with affordable houses and we should be engaging on a program of building.
But this is a new type of recession, unlike the old 80's ones where old industries were dying off so nobody's exactly sure what the best approach is.
Just as long as it's not sitting on your hands, doing nothing and talking about market forces.
Call me naive, but wouldn't the car manufacturers sell more cars if they weren't so massively overpriced in the first place? I appreciate this would depress prices of second hand cars, but again, wouldn't that just suit everyone, as ultimately even folks on lower incomes would be driving newer, greener cars? Don't the major manufacturers have fields full of unsold motors, quietly rusting away..?
The problem is that the government has just put over �2 billon into the motor industry. This will not help the current workers as it addresses the future situation. Although we have a declining motor industry there are other plants in the UK besides Honda notably Nissan in the NE. There are 1,000,000 workers employed in the UK motor industry so there will be a knock on effect. A Honda person when asked whether the plant will continue he said he doubted it.
this country has been living on nothing but credit for the last 20 years, successive governments have done nothing to stop british industry dying so we create no wealth and now the chickens are coming home to roost.
i have a problem with the government bailing out the car industry in that if they are going to help 1 industry survive then they should help all industries survive or none of them at all.
i have a problem with the government bailing out the car industry in that if they are going to help 1 industry survive then they should help all industries survive or none of them at all.
-- answer removed --
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.