UK Car Makers Want Bailout Of Their Own
Senior figures from the UK's carmaking industry are to meet business secretary Lord Mandelson later to appeal for government assistance.
They will propose a package of measures which they say would help the industry through the difficult economic climate.
These include more credit for manufacturers and suppliers, giving car finance firms easier access to cash and delaying a rise in vehicle excise duty.
In the US, the "Big Three" carmakers have been told to come up with their own viable recovery plan by December 2nd if they want a $25bn (£17bn) government rescue.
They will propose a package of measures which they say would help the industry through the difficult economic climate.
These include more credit for manufacturers and suppliers, giving car finance firms easier access to cash and delaying a rise in vehicle excise duty.
In the US, the "Big Three" carmakers have been told to come up with their own viable recovery plan by December 2nd if they want a $25bn (£17bn) government rescue.
