Ford in Bridgend - Statement

Part of the debate – in the House of Lords at 6:24 pm on 10th June 2019.

Alert me about debates like this

Photo of Lord Steel of Aikwood Lord Steel of Aikwood Liberal Democrat 6:24 pm, 10th June 2019

My Lords, I draw attention to my interests in the register as the president of the Jaguar Drivers’ Club in Britain. Ford is simply joining the queue after Jaguar Land Rover and Honda in closing plants. Although the Minister is absolutely right to emphasise that the transfer to electric technology is causing this issue—we do not deny that—the number of motor vehicles produced in this country has fallen by 45% in one year. That is horrific. Uncertainty over our future trading relationship with the rest of our big market in Europe is causing this issue. These companies are all internationally owned but no international investor will consider the major investment in new technologies that we need as long as this uncertainty exists. The Minister needs to take that message back to his colleagues.