Martin
03-07-2009, 07:18 PM
This could be a life saver. Kudos to CEO Mike Kimberley!
Here is the article:
Lotus to build two new cars
PAUL HILL, EDP BUSINESS EDITOR
07 March 2009 06:30
"Multi-million pound plans to build two new Lotus cars in East Anglia have been given a twin vote of confidence - from the car-maker's Malaysian owners and the British government.
The EDP revealed earlier this week that Lotus had been told it was both "too big" and "too small" for a share of the £2bn promised to the British car industry by Lord Mandelson for research into greener motoring.
The firm was said to be too large to access British government support, and not big enough for government-backed loans from the European Investment Bank.
But Group Lotus chief executive Mike Kimberley revealed last night he has now been assured by a senior Whitehall official that Lotus is eligible for aid."
Read more:
http://new.edp24.co.uk/content/news/story.aspx?brand=EDPOnline&category=NewsSplash&tBrand=EDPOnline&tCategory=News&itemid=NOED06%20Mar%202009%2018:51:20:127
Here is the article:
Lotus to build two new cars
PAUL HILL, EDP BUSINESS EDITOR
07 March 2009 06:30
"Multi-million pound plans to build two new Lotus cars in East Anglia have been given a twin vote of confidence - from the car-maker's Malaysian owners and the British government.
The EDP revealed earlier this week that Lotus had been told it was both "too big" and "too small" for a share of the £2bn promised to the British car industry by Lord Mandelson for research into greener motoring.
The firm was said to be too large to access British government support, and not big enough for government-backed loans from the European Investment Bank.
But Group Lotus chief executive Mike Kimberley revealed last night he has now been assured by a senior Whitehall official that Lotus is eligible for aid."
Read more:
http://new.edp24.co.uk/content/news/story.aspx?brand=EDPOnline&category=NewsSplash&tBrand=EDPOnline&tCategory=News&itemid=NOED06%20Mar%202009%2018:51:20:127