§ Mr. RedwoodTo ask the Secretary of State for Trade and Industry if he will estimate the likely increase in(a) the number of Japanese vehicles imported and (b) the increase in market share of Japanese imports in the UK car market when the voluntary restraint agreement on imports is lifted. [59462]
§ Mr. Mandelson[holding answer 12 November 1998]: I welcome the opening of the car market that will occur when the voluntary restraint agreement between Japan and 428W the European Union expires in 1999. I have not estimated what difference this will make to import volumes and market share.