UK car industry receives £2.6bn injection
Numerous people lost their jobs because of today’s financial crisis. To rebuild the economy, jobs need to be created on a large scale. That’s what the British car industry is going to do. Therefore, investments need to be made. Get ready for a £2.6bn injection.
The question is: How will they do it?
First, Nissan, Britain’s single biggest carmaker, which is the daughter company of the Renault group is going to start the mass production of 50,000 electric vehicles from 2013 at the new Sunderland base. Nissan will commit 420 million pounds to realize this. This means that the new factory needs new workforces, so jobs will be created over there. If searching for a save and profitable investment, then you could invest in these electric vehicles technology because they will make our future. It’s profitable because, if investing, you’re going to look at the future. Driving on rechargeable lithium-ion batteries is the future because within 30 years, our oil reserves will be put out. Thanks to the 200 million pounds loan of the European investment Bank and the 20 million pounds of the government, these investments could be realized
Secondly, Ford is also doing well and want to built out over their production of the next generation, cleaner diesel engines in Dagenham, Southampton and Bridgend which means that new technologies will be used. These are worth the trust of investors because Ford needs their money for their research and development. Ford is going to invest 1.5 billion pounds over 5 years in this motor section. Thanks to this, not only jobs will be created but also current jobs will be safeguarded!
Third, The McLaren formula one team, who also builds supercars for Mercedes is ready to produce supercars to compete against his famous revivals Lamborghini and Ferrari. Sir McLaren said that he will produce 2 supercars to increase the selling. This makes his investment profitable.
Last but not least, On the 18th of march, a Business secretary fun of 2.3 billion pounds was opened. Vauxhall, of the General Motors group received a 270 million pounds government loan guaranteed to build more environment friendly cars on Merseyside. But, before this loan, the government had already spent a loan of 360 million pounds from the European Investment Bank.
According to me, I am convinced that the sort of investments will turn out profitable. The investments who were supported by the government are good for the economic position of a country. Because more people will have the opportunity to find a job, even current jobs will be safeguarded. This means that the purchasing power of the Brits will be increased.
So less jobless people means a brighter future for the country’s economy. The car production is increasing since February, so maybe more jobs can be created then predicted.
Numerous people lost their jobs because of today’s financial crisis. To rebuild the economy, jobs need to be created on a large scale. That’s what the British car industry is going to do. Therefore, investments need to be made. Get ready for a £2.6bn injection.
The question is: How will they do it?
First, Nissan, Britain’s single biggest carmaker, which is the daughter company of the Renault group is going to start the mass production of 50,000 electric vehicles from 2013 at the new Sunderland base. Nissan will commit 420 million pounds to realize this. This means that the new factory needs new workforces, so jobs will be created over there. If searching for a save and profitable investment, then you could invest in these electric vehicles technology because they will make our future. It’s profitable because, if investing, you’re going to look at the future. Driving on rechargeable lithium-ion batteries is the future because within 30 years, our oil reserves will be put out. Thanks to the 200 million pounds loan of the European investment Bank and the 20 million pounds of the government, these investments could be realized
Secondly, Ford is also doing well and want to built out over their production of the next generation, cleaner diesel engines in Dagenham, Southampton and Bridgend which means that new technologies will be used. These are worth the trust of investors because Ford needs their money for their research and development. Ford is going to invest 1.5 billion pounds over 5 years in this motor section. Thanks to this, not only jobs will be created but also current jobs will be safeguarded!
Third, The McLaren formula one team, who also builds supercars for Mercedes is ready to produce supercars to compete against his famous revivals Lamborghini and Ferrari. Sir McLaren said that he will produce 2 supercars to increase the selling. This makes his investment profitable.
Last but not least, On the 18th of march, a Business secretary fun of 2.3 billion pounds was opened. Vauxhall, of the General Motors group received a 270 million pounds government loan guaranteed to build more environment friendly cars on Merseyside. But, before this loan, the government had already spent a loan of 360 million pounds from the European Investment Bank.
According to me, I am convinced that the sort of investments will turn out profitable. The investments who were supported by the government are good for the economic position of a country. Because more people will have the opportunity to find a job, even current jobs will be safeguarded. This means that the purchasing power of the Brits will be increased.
So less jobless people means a brighter future for the country’s economy. The car production is increasing since February, so maybe more jobs can be created then predicted.
Investing in the new electronic technology of Nissan and Renault in favor of the environment is also a way to make our future brighter. Today’s, investments in favor of the environmental are hot because you are investing in our health, because CO2 emissions of cars causes cancer. These cars have the advantage of zero Carbon dioxide emissions. So, the problematic case of the greenhouse effect can be solved. But we have to considerate that the turnover will need some time. The capitalist who own the oil reserves are to powerful . So this investment will only be profitable within 30 years I think, because people must get trusted with the new electronic technology of driving. But today we need to operate because doing nothing is execution. Today, cleaner diesel engines are the first way forward. So the turnover will be started by the new technology of Ford. After this, we can count on reliable electric cars. So our future looks bright for our children and grandchildren.
I can conclude that these investments are worthy because of the inventions who are going to penetrate the market within the future, that starts today with the cleaner diesel engines.
I also like to mention that it’s remarkable that the car production is rising since February.
Source: http://business.timesonline.co.uk/tol/business/industry_sectors/engineering/article7067962.ece
I can conclude that these investments are worthy because of the inventions who are going to penetrate the market within the future, that starts today with the cleaner diesel engines.
I also like to mention that it’s remarkable that the car production is rising since February.
Source: http://business.timesonline.co.uk/tol/business/industry_sectors/engineering/article7067962.ece
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