SMMT Reports

SMMT Business Plan 2021

SMMT Business Plan 2021

2020 was one of the most difficult years for the global automotive industry but perhaps even more so in the UK. Our three main challenges – Covid, an accelerated end of sale date and the conclusion of Brexit transition – all, inexorably, collided.

As a result, 2021 will be a year of re-building. SMMT’s priorities remain: trade, competitiveness, decarbonisation and business sustainability. Over the coming months, we will seek to reduce the burden on business, work with our European counterparts to secure further easements to ensure as good a trading environment possible, and work with Government to shape long-term policy to support the sector both in the UK and internationally.

SMMT will ensure UK Automotive’s voice is heard where it matters. We are diversifying, developing our own people and skills base; enhancing our data and intelligence services; continuing to support all members on technological transition, on access to finance, business adaptation and improvement; as well as providing advice on critical domestic and international issues.

2020 was unlike any other year. 2021 will, we hope, be a little easier but we recognise the start of the year and anther lockdown poses immediate and medium term challenges. However, as the year progresses and the vaccine is rolled out, we hope confidence can return. As always, SMMT will continue to help the sector navigate the challenges and deliver success for our members, the market and manufacturing alike.

SMMT Business Plan 2021

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