State of British Motor Industry - LRB
Interesting article in the London Review of Books on the state of the British Motor Industry:
"In recent months, car production in Britain has dropped by 59 per cent compared to the same period last year, and the Sunday Times reported in March that 105,000 cars ‘worth an estimated £1 billion are now stockpiled at the Royal Portbury docks near Bristol’... Honda has halted production at Swindon for four months. Bentley has done the same in Crewe. Nissan is cutting 1200 jobs in Sunderland; Mini have announced large-scale redundancies; Toyota has introduced a 10 per cent cut to basic pay; Jaguar Land Rover have instituted a pay freeze."
What is happening at Bristol?
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