HC Deb 08 July 1974 vol 876 c943
29. Mr. Madel

asked the Secretary of State for Prices and Consumer Protection what is the underlying rate of increase in motor car prices.

Mr. Maclennan

In the six-month period from December 1973, increases in prices recommended by the principal United Kingdom car manufacturers for home sales ranged from 17.2 per cent. to 194 per cent.

Mr. Madel

Does the hon. Gentleman agree that if the rate and frequency of price increases for family cars continue, there may be great difficulty over domestic sales, with serious economic consequences for the industry? Will he seek an early meeting with the Society of Motor Manufacturers to discuss this matter further?

Mr. Maclennan

My Department is always willing to consider representations from manufacturers about the impact of Price Code provisions upon their industry.