Europe’s decline in car sales is showing signs of bottoming out but heavy price competition among brands and dealers threatens to kill any sense of relief for automakers struggling with excess plant capacity.
Tag Archives: recession
RHA calls for fuel price cut
The Road Haulage Association has called for fuel price cuts as the only way to get the country out of recession. It says that price cuts at the start of the year would almost certainly have enabled the UK to avoid slipping back into recession.
Following the news that the UK economy has shrunk, RHA Chief Executive Geoff Dunning commented, “If Government would heed our advice and address the issue of fuel duty once and for all, this is a situation that could almost certainly have been avoided.
