Thursday, December 04, 2008

UK Car Industry in Trouble

Just last month, Tata the new owners of Jaguar and Land Rover announced that 850 workers could lose their jobs. This was following a meeting with Lord Mandelson, the Business Secretary and attended by 17 senior representatives from the troubled motor industry. The representatives wanted a rescue package.

Today, the latest figures show that sales of new cars in the UK have fallen tremendously. The annual fall was the biggest since June 1980 - that's in 28 years. Read the BBC report: 'New car sales fall by one-third'.

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