Wednesday, January 28, 2009

Good news for UK car industry

The UK car industry finally has some good news. Business Secretary Lord Mandelson today outlined a loan package potentially worth up to £2.3bn.

This includes a scheme to unlock £1.3bn of European loans and a government guarantee for up to £1bn of further loans.

The news was welcomed by Jaguar Land Rover and the Society of Motor Manufacturers and Traders.

1 comment:

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