asked the Secretary of State for Industry what arrangements he proposes to make in the forthcoming planning agreement with Chrysler UK Limited relative to the total amount of investment to be assigned to the commercial vehicle division of the firm; and if he will make a statement.
The contents of the planning agreement are confidential. Any release of information about investment programmes is for the company to decide. However, I can say that the planned investment is consistent with the company's intention to expand commercial vehicle sales over the next few years, particularly into Europe.
asked the Secretary of State for Industry if, in view of the recent collapse of the profitable Chrysler-owned air conditioning business in Maidstone, he will reconsider his policy of assistance to the corporation as a whole; and if he will make a statement.
No. The air conditioning business was excluded from the agreement dated 5th January 1976 under which the Government are assisting Chrysler.
asked the Secretary of State for Industry if he will make a statement on the planning agreement that has been drawn up between the Government, the unions, and management of Chrysler UK Ltd.
My right hon. Friend expects to inform the House of the signing of this agreement later this week.