The following is an extract from Business Secretary Vince Cable’s speech to the ACEA Board of Directors in London on 8 June 2011. Click through to download the full speech.

“Despite the misconceptions that have been allowed to flourish in recent years, we still have the know-how to manufacture products that consumers at home and abroad want to buy.

“A resilient economy depends on growth rooted in a diverse range industries and sectors, so we are striving to support an expansion and resurgence of our manufacturing base. Much more than other sectors of the economy, manufacturing contributes to productivity, growth and exports. The UK’s automotive sector is a major player in this respect.”

Secretary of State for Business, Innovation and Skills, Vince Cable MP

Click through to download the full speech.