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Name: Stewart Watkins, Managing Director

Company: CDDC

An event I was at earlier this month struck me as a great example of a new technology with immense potential that exhibits just the kind of collaboration between universities and business that we’re all calling for.

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Statement on meeting with the automotive industry


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Statement on meeting with the automotive industry

2008-12-04
Member News

DEPARTMENT FOR BUSINESS, ENTERPRISE AND REGULATORY REFORM News Release (2008) issued by COI News Distribution Service. 27 November 2008

The Business Secretary Peter Mandelson and Economics and Business Minister Ian Pearson welcomed the opportunity to meet today with leaders from the automotive industry, including key players from the supply chain, construction equipment and motor retail sectors.

The meeting provided an opportunity for the Government to listen directly to how the industry has been affected by the current economic situation. The Government will study the details of key issues they have identified.

The Government is continuing to address the issue of access to finance to boost the economy and encourage consumer confidence. It will also, as made clear in the PBR last Monday, call strongly for a European Investment Bank funding scheme and for that scheme to have a swift application and decision process.

Notes to Editors

The meeting was attended by representatives from Society of Motor Traders and Manufacturers (SMMT), Toyota, General Motors, Nissan, Lotus, Rolls Royce, Bentley, Ford, Ricardo, GKN, Jaguar Land Rover, Leyland Trucks, Aston Martin, Retail Motor Industry Federation, JCB and Chair of the New Automotive Innovation and Growth Team.

Department for Business, Enterprise & Regulatory Reform
7th Floor, 1 Victoria Street, London SW1H 0ET

Public enquiries +44 (0)20 7215 5000
Textphone +44 (0)20 7215 6740 (for those with hearing impairment)
http://www.berr.gov.uk


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