Finance must now reach automotive supply chain
11/03/09 | 12:07
The Government has today met the automotive sector to discuss the help available to the stricken industry. Commenting, David Frost, Director General of the British Chambers of Commerce (BCC), said:
"It is vital that the finance now available reaches businesses working in the automotive supply chain.
“The vehicle industry will be central to driving our economy out of recession and employs large numbers of highly skilled individuals producing efficient cars for the global market of the future. It would be an absolute tragedy to lose these skills.
“There has been much talk about helping the industry but we now need to see action. We may also need further measures, not least the scrap and build policy which exists in Germany and is already boosting production.”
Ends
Media Contacts:
Fiona Cunningham
Tel: 020 7654 5812
Email: f.cunningham@britishchambers.org.uk
OR
Sam Turvey
Tel: 020 7654 5813
Email: s.turvey@britishchambers.org.uk
Notes to Editors:
The British Chambers of Commerce (BCC) is the National Voice of Local Business.
The BCC sits at the heart of a powerful nationwide network of Accredited Chambers of Commerce serving business across the UK, which employ over five million people.