Sharpe's Opinion
Saturday, 13th Dec, 2008
Emergency rescue plan for British motor industry
Immediate reaction: “Britain still has a motor industry?”
Saturday, 13th Dec, 2008
Emergency rescue plan for British motor industry
Immediate reaction: “Britain still has a motor industry?”
Oh yes, we have a significant motor industry. We just don’t own it, that’s all.
So, I wonder, should we spend money rescuing someone else’s firm, or should we let it go bust and buy it up cheaply from the administrators so that we can rescue it AND benefit from the turnaround? Hmmm…
Of course, this assumes that we could find someone able to buy it and able to make it work. If we could do that, maybe we would still own our motor industry
patently
December 13, 2008 at 9:45 am