The UK automotive industry is Europe’s fourth largest manufacturer of cars and a major international producer of engines and components. The country is a global leader in low carbon technology with significant investment being made in its R&D, engineering, design and production expertise by multi-national automotive companies.
With strong government support and intense industry focus on the growing market for low carbon technologies, opportunities for new investors are growing every day and projected return on investment is high, with the UK automotive industry typically turning over £50bn annually.
The industry represents around 3% of total GDP, with automotive manufacturing turnover accounting for two thirds of the UK’s total for the sector.
Industry leaders will meet next week to discuss the past, present and future of the UK automotive industry with a focus on investment and growth potential over the next few years from the low carbon automotive sector.
You can watch our web TV show on Wednesday 12 October from 16:00 for a comprehensive look at the industry and an outline of investment opportunities in today’s climate. Discussion and questions will be taken by Paul Everitt, SMMT Chief Executive, and Jamie Houghton who lead’s PwC’s Transport Consulting practice and Electric Vehicle advisory team.
The show will be available to watch below from 16:00 on 12 October. You can use the form to submit a question to Paul Everitt or Jamie Houghton in advance.