Industry facts
Over £1.3 billion is invested each year in UK R&D to keep the country at the forefront of industry developments.
The past 10 years has been one of the most productive decades ever for UK automotive, manufacturing over 15 million vehicles.
The UK is home to some of Europe's most productive vehicle manufacturing facilities and is a global leader for low carbon technologies.
Over 30 companies manufacture cars, vans, trucks, buses and engines across the United Kingdom.
UK automotive is a major contributor to our exports accounting for over 10% of total volumes.
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SMMT Supply Chain Finance survey.
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To ensure that supply chain companies, large and small, are able to capitalise on this investment SMMT has commissioned a report working with the Smith Institute, to understand how the finance sector can better support our industry.