An Automotive Sector Deal between government and the automotive industry has today been announced by the Business and Energy Secretary Greg Clark.
The deal aims to build on the unique strengths of the UK automotive sector and further develop the strong collaborative partnership established between government and industry.
Mike Hawes, Chief Executive, SMMT said:
We welcome today’s automotive sector deal which will help this vital UK industry meet some of the many global challenges it faces. The deal strengthens our long-standing partnership with government, with a boost to supply chain competitiveness and investment, matched by industry, to keep the UK at the forefront of electric, connected and autonomous vehicles.
In its implementation, the deal must help the industry build on our success and seize the opportunities presented by such technological innovations. Given current uncertainties, it must also be complemented by ongoing efforts to maintain the right conditions for growth.