SMMT response to government announcement

“This is an important announcement that recognises the strategic contribution of the motor industry and follows action in other EU member states, the US and Japan,” said Paul Everitt, SMMT chief executive.  “The UK motor industry is productive and globally competitive with a long-term future at the heart of the low carbon agenda. We look forward to discussing the substance of the announcement at our meeting with Lord Mandelson tomorrow.”

Why is the automotive sector important to the UK economy?

·         27 car and CV manufacturers operating in the UK

·         1.75m cars and commercial vehicles produced each year

·         £51b turnover

·         £9.5 billion value added

·         Over 800,000 UK jobs

·         UK automotive manufacturing supplies over 100 markets worldwide offering some resilience to the UK issues

·         New cars emit less CO₂ than older models – the average new car CO₂ emissions have fallen 16% in the last decade

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