The Society of Motor Manufacturers and Traders (SMMT) exists to support and promote the interests of the UK automotive industry at home and abroad. Working closely with member companies, SMMT acts as the voice of the motor industry, promoting its position to government, stakeholders and the media.
The automotive industry is a vital part of the UK economy. Around 1.6 million cars and commercial vehicles and 2.5 million engines are produced here annually. The UK is also home to the world’s largest number of specialist vehicle manufacturers with global centres of design, R&D and engineering.
The sector accounts for £59 billion turnover and £12 billion value added. With more than 700,000 jobs dependent on the industry, it accounts for 10% of total UK exports, with vehicle manufacturers exporting around 80% of production and investing £1.7 billion annually in automotive R&D.
Through representation to government at home and abroad, national and international events, reliable automotive data and practical advice, SMMT plays a central role in the working life of the motor industry. Whether the industry is your business or it impacts on your organisation in any way, SMMT can deliver real business benefits to help your company meet the challenges of the future.