UK: Car industry will have a good year - academic
Britain's car industry will shrug off recent setbacks to have one of its best years ever in 2001, according to a leading academic. In an interview with the internet news organisation Ananova, Professor Garel Rhys, the director of the Centre for Automotive Industry Research at the Cardiff University Business School, said he believes that the UK car industry will recover strongly in 2001, despite Vauxhall's recent decision to axe 2,200 jobs at its Luton plant. That announcement stunned the British car making industry and led to predictions of a bleak future for the whole automotive sector.
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