Jezzer's take on car sales slump etc.

[Deadman]

http://news.bbc.co.uk/1/hi/business/7766057.stm

The man talks sense.

[Taffyopel]

Very interesting, and quite frightening too when you realise that the 2 biggest manufacturers are in the poo!

[Deadman]

..and who should I see this morning but the man himself!

Driving a blue DB9 through Burford.

[VauxVeteran]

I think the government has to help them, not like the banks though, they should scrap showroom tax or whatever it's modern name for it is, and reduce vat on new cars to 5%, this should bring an otr price that is 20k down to 15k by the time the manufacturer has given 7-20% off it's asking price, and the stipulation should be it's only for manufacturers who have plants here, i.e Ford,VX,Honda,Nissan,Pug and anyone else I've missed out who would qualify, these sort of measures would allow Corsa's to be had for the sort of money Mrs Average could afford and also get a lot of old cars off the road, and Whitehall still gets a 5% interest in things, and 5% of 7k is a lot more than 15% of nothing, add in those jobs that are saved and the benefit's that don't need to be paid and it all adds up.