Tuesday, February 03, 2009

Meeting to save car industry jobs

Key people from the car industry in the West Midlands are holding a summit in Birmingham. The meeting at the International Convention Centre (ICC) will aim to improve vehicle sales and protect jobs during the recession. David Smith, the Jaguar Land Rover chief executive, union leaders and industry experts are among those attending the event. The government has outlined a support package for the UK car industry. The region's car industry has seen hundreds of job losses and there have been shutdowns at several plants in a bid to cope with falling demand. Last month, Business Secretary Lord Mandelson outlined the package which he said would help the industry weather the downturn in the global economy. It includes a scheme to unlock £1.3bn of loans from Europe for car manufacturers and major suppliers.

DATED: 03.02.09

FEED: AW





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