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Nov
25th

UK: SMMT wants further support

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The UK's auto industry trade association, the Society of Motor Manufacturers and Traders (SMMT), has said it supports the substantial, but temporary, economic stimulus package announced in yesterday's 'pre-Budget report'. It says it provides positive incentives for consumers to begin spending, but 'will need to be accompanied by a more active approach to lending by banks and financial institutions'. Full story...
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