The following is an extract from Business Minister Mark Prisk’s keynote speech at the SMMT International Automotive Summit in London on 28 June 2011. Click through to download the full speech.
“Ours is a dynamic, innovative, cutting edge industry. We have a strong track record of research and development investment in the auto industry. It is running at over £1.5 billion a year – and the fact that it rose by 9% during the recession is a sign of the UK’s commitment to sustained investment. We also have world renowned development facilities at Millbrook and MIRA.
“This technological know-how will be essential as we establish ourselves as a key player in the burgeoning global market for ultra low carbon vehicles.”
Minister of State for Business and Enterprise, Mark Prisk MP
Click through to download the full speech.
