Skip to main content

Motor Industry

Volume 886: debated on Thursday 20 February 1975

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for Industry (1) what plans he has to introduce legislation specific to the British motor manufacturing industry;(2) what plans he has for introducing further legislation in the present Session that could lead to partial nationalisation of, or provide assistance for, the British motor manufacturing industry.

I would refer the hon. Gentleman to the answer given by my right hon. Friend the Prime Minister on 18th February—[Vol. 886, c. 1103–5]. The Government are awaiting the Ryder Committee's Report before deciding what action would be most appropriate in respect of BLMC, but the hon. Gentleman is fully aware that the Government reserve the right, in appropriate cases, to provide financial assistance by way of share capital.