Automotive reports

With global pressures on supply chains and raw material sourcing, seeking new ways to reuse automotive components and parts once they reach the end of their service life demands attention. That’s why this week SMMT published a new report into remanufacturing – the process of taking a used or worn part and restoring it to at least its original performance specifications. This sector already turns over half a billion pounds in the UK, covering alternators, braking systems, engines and much more. Given the opportunities available from the shift to electric vehicles, and the UK’s leadership position, the potential for our remanufacturing sector to deliver even greater economic and environmental benefits is significant.