HC Deb 14 January 1975 vol 884 cc90-1W
Mr. Warren

asked the Secretary of State for Industry what discussions were held, and what terms were agreed, between his Department and the Alco Corporation of America to enable him to stipulate as a condition of a loan from Her Majesty's Government to Aston Martin Lagonda Ltd. that Alco must be appointed as Aston Martin's sales agent in the United States of America.

Mr. Benn

No discussions were held between my Department and the Alco Corporation of America. The condition that the Royston Corporation, an Alco subsidiary, should be appointed as the Aston Martin Lagonda sales agent in the United States of America simply embodied Aston Martin's own proposal to this effect.