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'.
Thursday, December 4, 2008
UK Car Industry in Trouble
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# uk
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