Wednesday, March 24, 2010

More good news for the British auto industry

Following the news of Jaguar Land Rover announcing a net profit and re-entry of Lotus into F1, there is more good news for the British auto industry.

The British Government recently announced £381 mil. support for Ford motor and Nissan and has extended a £20.7 mil. grant to Nissan. Nissan plans to manufacture their Leaf electric car for the European car market at it's plant in Sunderland here in the UK.

Nissan Leaf at the 2009 Tokyo Motor Show: Tennen-Gas

For your info, the Leaf is a five-seater hatchback and said to have a range of 100 miles with top speed of more than 90 mph.

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