§ 29. Mr. Madelasked the Secretary of State for Prices and Consumer Protection what is the underlying rate of increase in motor car prices.
§ Mr. MaclennanIn 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. MadelDoes 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. MaclennanMy Department is always willing to consider representations from manufacturers about the impact of Price Code provisions upon their industry.