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With an increase in purchasing in the automotive sector from GBP20,600 million in a survey in 2011 to GBP23,600 million in the 2012 survey, The Automotive Council says that there are signs that things aren't so bad.

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Almost in the face of some of his own cabinet, President Bush has announced that, in the dying days of his presidency, he will authorise support for the automotive industry - as little as ten days before GM is thought likely to run out of money. But it's not a grant or a gift. And it's a message to the financial sector: use the TARP money wisely or we'll take it back.

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