Vauxhall (Redundancies) Debate
Full Debate: Read Full DebateGeorge Howarth
Main Page: George Howarth (Labour - Knowsley)Department Debates - View all George Howarth's debates with the Department for Business, Energy and Industrial Strategy
(6 years, 10 months ago)
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My right hon. Friend invites me to comment on the estimates held by Her Majesty’s Treasury, but I can tell him that we are one of the major exporters of automobiles in Europe and around the world, and we need to maintain that. Indeed, we make and export one in five of the electric vehicles driven on the continent, so we are already pivoting towards that new technology. Let us make sure we get more investment, so that we can continue to employ more people in the future.
The Minister rightly praised the high levels of productivity and the skills of the workforce, and she mentioned—again, quite properly—the Government’s industrial strategy, but what sort of industrial strategy is it that takes no account of the changes that have taken place in our currency since the referendum and, more importantly, what account does it take of our deteriorating and chaotic future relationship with the European Union?
Focusing on today’s announcement, my understanding is that domestic sales of the Astra have been the problem, not sales in Europe. The supply chain to the auto industry—the steel sector—has of course done rather well from the currency move, which has benefited many people working in other areas. We need to focus not on the vagaries of long-term currency movements, but on the long-term support we collectively give to this industry and the investment the Government can make in the technology of the future.