I noted with great interest that your editorial ‘Technology plus style equals success' mentioned the current financial woes of GM, coupled with consumers demanding more for their money in terms of fuel economy.
On the very next spread under the headline ‘All systems go on new Cadillac’ you reported that the new GM flagship Cadillac is being released with a 505hp engine.
We all know that Americans get more fuel for their dollar, but their consumers appear to be different in the eyes of GM as well.
An informative read as ever — keep up the good work.
Nick Lees
Engineering Appliances
Middlesex
Comment: The UK is closer to deindustrialisation than reindustrialisation
But is VAT to blame? Manufacturers are taxed on the value added to a product, lets say a billet of steel is purchased. They add value by shaping and...