Conservatives call on Government to act over JLR

30th June 2009

Shadow Business Minister Mark Prisk MP has called on the Government to put measures in place to secure the future of West Midlands car maker Jaguar Land Rover.

Responding to the news in the Coventry Telegraph that the company could suffer the same fate as MG Rover if the Government does not intervene, Mr. Prisk said: "It has been six months since the automotive assistance package was announced. Since then the French, German and American governments have all delivered aid packages to their car industries.

"Yet here in the UK, ministers are still dithering over what to do. The result is that no British car firms have received a penny, including Jaguar Land Rover.

"A Conservative government would already have established a temporary National Loans Guarantee Scheme designed to get credit flowing again in order to prevent the type of situation we are seeing at JLR.

"Yet under Labour British car firms are the last to get the help they have been promised. The clock is ticking-ministers need to start acting and stop talking."