Motor Industry

Part of the debate – in the House of Commons at 5:32 pm on 12th December 1983.

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Photo of Mr George Park Mr George Park , Coventry North East 5:32 pm, 12th December 1983

I said that the funding was not sufficient to meet the needs of the company at that time. I trust that the hon. Gentleman will agree. He knows that unless new models and face lifts are introduced, cars rapidly lose their sales appeal. It was only when BL was able to offer a range of models, in conjunction with a favourable exchange rate, that the industry began to lift off.