“Invest in the UK”, says business minister at Paris Motor Show

01 October 2010 #SMMT News

During his visit to the Paris Motor Show, business minister Mark Prisk urged international manufacturers and suppliers to take a fresh look at what the UK can offer potential investors in terms of engineering expertise, skilled workforce, innovation and cutting edge design as the UK looks to take the lead in low carbon automotive technologies.

At an event at the British Embassy in Paris, hosted by Mr Prisk, seventy companies from the global automotive sector convened to hear from the business minister who was accompanied by co-chairman of the Automotive Council, Richard Parry-Jones.  
Eleven of the world’s volume vehicle manufacturers have a base in the UK, supported by 19 of the world’s top 20 suppliers with particular strengths in premium vehicles and advanced powertrain, from low carbon internal combustion engines to innovative electric drive trains.
With the first European mass market hybrid vehicle being built in the UK, the first hybrid engine built outside of Japan, the first mass market pure electric car, set to be built in Sunderland, along with a major electric battery plant, the UK can demonstrate the wide range of new, low carbon and related business opportunities available to potential investors in the UK automotive industry.
Mark Prisk said, “The government is committed to creating the right business conditions for success and industry wants to source more from the UK. We are already seeing vibrant new clusters emerging from the transition to a low carbon economy and we want to encourage even greater growth as the market demand for low and ultra low carbon vehicles takes hold.”
During the visit, Mark Prisk and Richard Parry-Jones met top executives from a number of UK and global manufacturers and suppliers.
Professor Richard Parry-Jones said, “Our message is that the UK automotive sector has been transformed over the last decade and that the UK government is strategically committed. The UK is a uniquely attractive country in which to invest, especially in innovative low carbon transport R&D. We have a very competitive, strong and diverse vehicle industry and companies from around the world are achieving their goals by taking full advantage of the UK’s world class universities, innovative companies and strong skill base.
“For companies already investing in the UK, there are significant opportunities to increase local sourcing. The Automotive Council UK is working to help them realise these opportunities fast.”
For more information about the Automotive Council visit

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