Car finance news say slight job increase

The latest figures concerning car sales and manufacturing could help jobs in the motor industry, according to car finance news today. The Society of Motor Manufacturers and Traders found a 43 per cent year on year drop during may.

Some reports indicate that a recovery in the automotive industry is now likely. There have been snippets of good news. For instance, Honda started up their production, whilst Nissan chose 250 temporary staff. Furthermore, Jaguar Land Rover added an extra shift to their plant.

Paul Everitt of the Society of Motor Manufacturers and Traders reportedly commented: The scrappage schemes in place across Europe are now beginning to have a positive impact, although the full benefits will take a little longer to flow down to companies at all levels in the supply chain.

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Car finance news say slight job increase

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