Concern as to the future levels of car and commercial vehicle manufacture in the United Kingdom have arisen once again with the announcement of possible takeovers and mergers. Exploratory talks with Ford on a takeover of the Austin Rover division of British Leyland proved to be short-lived in the face of Parliamentary opposition. Nevertheless, the frequency in recent years of such discussions with other motor manufacturers - General Motors, Honda and Fiat - suggests that similar talks will feature again. In addition, parallel talks with General Motors on the possibility of a takeover of the majority of the commercial vehicle division of British Leyland seem set to continue. With such potential change on the economic horizon, this perspectives considers the future of the British commercial vehicle manufacturing industry in an increasingly competitive global automotive market.
|Number of pages||3|
|Journal||Quarterly Economic Commentary|
|Publication status||Published - Feb 1986|
- automotive industry
- vehicle manufacturing
- British economy
- UK industry