Car industry 'open for business'

Link to the article: Channel 4

Last Modified: 11 Mar 2009
By: Siobhan Kennedy

As the government launches its £2.3bn rescue package for the car industry, Siobhan Kennedy reports from the West Midlands on some of those hit hardest by the recession.

Toyota has announced it will cut working hours and pay by 10 per cent at its UK plants, from next month.

Meanwhile at Jaguar Land Rover there was some good news - a government grant to help produce an eco-friendly vehicle.

But it is little compensation for the car maker. A slump in sales means it has already reduced production, which is having a knock-on effect on suppliers.