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Page last updated at 15:42 GMT, Tuesday, 27 January 2009

Mandelson unveils car loans plan

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Business Secretary Lord Mandelson has outlined a package of government support for the UK car industry potentially worth up to �2.3bn.

The package was linked to an agenda of reinventing car production as a low carbon sector.

Lord Mandelson said he wanted British car makers to become "greener, more innovative and more productive".

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