Car plants kept waiting as Government stalls on loans ; Vital scheme fails to pay out a penny

Daily PostJune 11, 2009

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A VITAL pounds 2.3bn gover nment aid scheme for the ailing car industry has failed to pay out a single penny in three months, it was revealed yesterday.

Crisis-hit firms and trade unions are "angry and frustrated" at the failure to deliver the Automotive Assistance Programme (AAP), an inquiry by the Commons business committee was told.

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Car plants kept waiting as Government stalls on loans ; Vital scheme fails to pay out a penny

The scheme was launched in a blaze of publicity on March 11, with ministers confidently predicting mor...

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