Greg Smith

Greg Smith

Conservative — Mid Buckinghamshire

Speaking in the House of Commons on 30 January 2025

Debate

Business Confidence

Contribution

It normally takes longer than six months for a Government to drift that far from reality. The Society of Motor Manufacturers and Traders has predicted that just 775,000 cars will roll off production lines in 2025, compared to 1.3 million in 2019. Today’s edition of The Telegraph reports: “The slump has been accelerated by a slowdown in demand across Europe, particularly by drivers shunning new electric vehicles”. Why does the Minister persist in a policy to undermine our automotive businesses by forcing them to make a product that people just do not want to buy? Is it not time to get the state out of the way, let our innovators innovate, and boost automotive businesses’ confidence by letting them deliver to actual consumer demand?

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