Mike Hawes, SMMT Chief Executive:
BMW’s landmark announcement is yet another vote of confidence in UK automotive manufacturing. Not only does it secure the long-term future of the home of one of the world’s most iconic brands, it also demonstrates once again our capabilities in electric vehicle production. British automotive manufacturing has clear advantages – a skilled, highly productive workforce, cutting edge plants, a diverse vibrant supply chain and world-class R&D – all of which we must continue to promote in the face of fierce global competition. Investments such as this improve productivity and help deliver jobs, growth and economic benefits for the country.
