Car Exports

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 12:00 am on 5 June 1991.

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Photo of Peter Lilley Peter Lilley Secretary of State for Trade 12:00, 5 June 1991

My hon. Friend is right on all counts. In the first four months of this year exports of cars were 101 per cent. up on those of the previous year. That is certainly an example to other industries. With regard to future developments, it is marvellous news that the decline in the car industry that went on for so long under the Labour Government has now been reversed, and we expect to be net exporters by the end of the year.