No official forecast is published. The industry estimates that the home market will be slightly above 1·2 million and that import penetration will not be more than 33 per cent.
It is well above what it would have been if the Tory Party had had its way. If the Tories had their way, there would not now be a British Leyland, since they voted to destroy it. Last year British Leyland was our greatest exporter. The Opposition voted against Chrysler, too, and Chrysler is now beginning to pick up very well.
Is my hon. Friend aware that during the past five years the export of motor car components has doubled whilst their import has more than trebled? What steps is the Department taking to ensure that the gap that is emerging between imports and exports of motor car components is closed by those parts of the British car industry which are dependent on public funds?
I am obviously ready to study any figures that my hon. Friend may put before me. The components industry is one of our most successful exporters. Last year the motor industry as a whole, including components, made a net contribution of £923 million to the balance of payments.