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Motor Car Industry

Volume 961: debated on Wednesday 24 January 1979

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asked the Secretary of State for Industry what was the total amount in grants under each of his Department's schemes to the car industry in each year since 1970.

  • £40,000,000 (Section 8 Industry Act 1972)
  • £41,325 (Ferrous Foundry Scheme)

1977

  • £1,500,911 (Section 8)
  • £79,121 (Ferrous Foundry Scheme)

1978

  • £45,768,387 (Section 7 Industry Act 1972)
  • £10,000,000 (Section 8)
  • £436,078 (Ferrous Foundry Scheme)
  • £989,000 (Accelerated Projects Scheme)

1979 to date

£1,500,000 (Section 7)

Funds have also been provided for the car industry under section 8 in the form of loans or equity. Details of regional development grants paid to the car industry cannot be made available without disproportionate cost; however, details of individual payments over £25,000 have been published quarterly in "Trade and Industry" since 31 December 1974.