Away from the High Street, there was more good news from the UK motor industry.
And Labour also established the Automotive Council in 2009 to help the UK motor industry.
Tony Woodley, 62, has been a familiar face within the motor industry for years.
The motor industry has lost its shine, and housing starts fell 8.7% in January.
And yet here in the heart of the city's motor industry, falling sales and redundancies are the reality.
The agreement between Renault and Caterham brings together two of the most flamboyant characters in the motor industry.
Mr Fisker made his name in the motor industry as a designer, working for Aston Martin, BMW and Ford.
Romney, like all the other candidates, opposed Obama's bailout of the motor industry.
Indeed, Nissan's strength is by no means unique in today's UK motor industry.
Despite the violence, foreign investment is pouring in, especially to the motor industry.
The state's outlook is clouded by the long decline of Detroit's motor industry.
Cycling's innovations, including spokes, pneumatic tyres, ball bearings, steel tubing and differential gears, were soon borrowed by the motor industry.
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It also attracted talented refugees, such as Mr Thursfield, from the ailing domestic motor industry, above all the collapsing British Leyland.
At best, the motor industry expects only a 15-20% further improvement can be squeezed from existing petrol engines and their transmissions.
Try coming here and telling the thousands of families suffering because of the decline of the motor industry that they are lazy.
Encouragingly, the government seems to have decided that the best way to revive the motor industry is to give foreign investors free rein.
Mr Morgan acknowledged this latest investment was "a bit of a shaft of light in the surrounding gloom" of recession in the motor industry.
Earlier this year, the Retail Motor Industry Federation raised concerns with the OFT about the ability of independent traders to compete in the market.
The company remains a force in the British motor industry, even without Rover's volume-car production, as Mr Milberg is understandably anxious to point out.
Most F1 teams are based in Britain and Stewart believes it would harm the motor industry as a whole if the Silverstone race was lost.
Collaborative relationships may seem sensible, but it is often difficult to make them work - especially within a dog-eat-dog environment such as the motor industry.
The Society of Motor Manufacturers and Traders sees it differently: the British motor industry supplies many of the components in those foreign cars, it argues.
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For Britain's motor industry, that would stand nothing on its head.
Against this background, Garel Rhys, director of the Centre for Automotive Industry Research at Cardiff Business School, warned of further job losses in Wales' motor industry.
The threat of a modern day competitor for fares in the capital has been on the cards for some time, according to a motor industry expert.
For the past decade the American motor industry has been traversing a shift in manufacturing technology that requires fewer workers with more skills (see chart).
Ten states (Alabama, Idaho, Kansas, Michigan, Nebraska, Ohio, South Dakota, Texas, Utah), along with four motor industry trade associations and two utility company coalitions, opposed granting that authority.
The great-grandfather, who is originally from New Cross Gate, London, said the improved quality of cars had been the biggest change in the motor industry since he started his career.
BBC: Bill Board in the Wadham Stringer showroom in the early 80s
Lord Mandelson may have shown his concern for the motor industry, but those in the sector fear that his modest help will arrive too late to save any but JLR.
ECONOMIST: A well-intentioned package arrives little and late
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