HC Deb 06 July 1992 vol 211 c27W
Mr. Clifton-Brown

To ask the President of the Board of Trade what assessment he has made of the effect of inward investment on the level of imports and exports of motor vehicles.

Mr. Sainsbury

Inward investment in the motor vehicle industry in recent years has made a major positive contribution to the balance of payments and to improving the competitiveness of the industry in the United Kingdom.

The establishment of new car plants in the United Kingdom is expected to result in additional exports of 300,000 units per annum by 1995 compared with 1991.