Thursday, November 27, 2008
Motor industry response to meeting with Lord Mandelson
The Society of Motor Manufacturers and Traders (SMMT) and representatives from the automotive sector have concluded their meeting with the secretary of state for business, enterprise and regulatory reform, Lord Mandelson.
Commenting on the meeting, SMMT chief executive, Paul Everitt said, "The motor industry had an open and constructive meeting with Lord Mandelson, Ian Pearson MP and BERR officials. The industry outlined the scope and scale of the challenges it faces and the unprecedented difficulties in the market place. We emphasised the urgent need to address liquidity and restore demand and discussed a variety of measures to address these challenges. Government and industry have agreed to explore collaboratively, a range of solutions in a timescale that matches the urgency of the situation."
DATED: 27.11.08
FEED: AW
