Half a billion cash for foreign car makers? - Sofa Spud

That seems to be what it boils down to:

http://www.bbc.co.uk/news/business-23283583

Why should the British taxpayer foot the bill for research to be done by foreign-owned car makers? And - we already have these organisations, just for a start:

Motor Industry Research Association http://www.mira.co.uk/about-mira

Transport Research Laboratory http://www.trl.co.uk/

Cranfield http://www.cranfield.ac.uk/automotive/research/index.html

Ricardo http://www.ricardo.com/en-GB/

Add to this the numerous automotive and powertrain research facilitities and projects at universities in this country.

Edited by Sofa Spud on 12/07/2013 at 13:48

Half a billion cash for foreign car makers? - Bromptonaut

What I'm reading is about investment in a transnational research site. There will be some 'hope value' in it because there's a good chance any manufacturing following on from the research will come here also.

Feather in our national cap that we've got the skills etc to make the shortlist. The way of the world these days is that government has to provide finance and other easing to attract such investment.

Seems to me to be exactly the sort of manufacturing related growth the country needs. Much more long term use than another foreign bank basing it's European operation in London.

Would you prefer it to be in Brasilia or Chenai instead?

Edited by Bromptonaut on 12/07/2013 at 14:20

Half a billion cash for foreign car makers? - Sofa Spud

QUOTE:...""Would you prefer it to be in Brasilia or Chenai instead?""

No, but we have no indigenous motor manufacturers left, they're all foreign-owned, which means that the profits are exported.

I'm also puzzled as to why we need another automotive research facility / organisation when we've already got several world-class ones that involve themselves in exactly the sort of research that's proposed for the new outfit.

Edited by Sofa Spud on 12/07/2013 at 14:34

Half a billion cash for foreign car makers? - brum

"Vince Cable announces joint plan with manufacturers to set up research facility to find successor to diesel and petrol engines"

Vince Cable is a deluded old geriatric that believes any cock and bull that manufacturers make up. The only significant advance in engine technology is how to fiddle the CO2 figures further. And half a beelion squid will do nicely Herr Cable!

Half a billion cash for foreign car makers? - Bromptonaut

QUOTE:...""Would you prefer it to be in Brasilia or Chenai instead?""

No, but we have no indigenous motor manufacturers left, they're all foreign-owned, which means that the profits are exported.

I'm also puzzled as to why we need another automotive research facility / organisation when we've already got several world-class ones that involve themselves in exactly the sort of research that's proposed for the new outfit.

It would obviously be better if we still had an indigenous manufacturer. The truth though is we only had one of those in my lifetime, BMC/BL/Rover. Incompetent, class bound and disinterested management aided and abetted by union dullards saw that off. We're better off with Nissan, Honda, Toyota and the rest than we would be without.

You may be in the business in which case you'll know more than me, but the bodies you list such as TRL and MIRA have some overlap with the proposed new body but they're complimentary rather than competitive. Ricardo and Cranfield will, I suspect, be keen to pitch for work offered.

Half a billion cash for foreign car makers? - Sofa Spud

QUOTE:....""You may be in the business in which case you'll know more than me, but the bodies you list such as TRL and MIRA have some overlap with the proposed new body but they're complimentary rather than competitive. Ricardo and Cranfield will, I suspect, be keen to pitch for work offered.""

I'm not in the business, just an interseted follower.

Edited by Sofa Spud on 12/07/2013 at 18:10

Half a billion cash for foreign car makers? - 1litregolfeater

Vince Cable is not renowned for being a nutter, so why he thinks this is a good thing is a mystery. Politics and politicians, short term gains while Great Britain gracefully slides round the u bend