Economy

01 July 2014 #SMMT News

SMMT’s 15th annual Automotive Sustainability Report says estimated 44,000 new jobs created in auto sector in 2013, boosting total jobs past 750,000. Manufacturing-specific jobs grew by 14,000 to more than 160,000. Sector turnover grew 10.3% versus 2012 to £64.1 billion.

19 June 2014 #SMMT News #Uncategorised

Jaguar Land Rover will create a further 250 jobs at its Halewood plant, seeing the facility’s workforce treble in just four years. The additional vacancies form part of a £200 million investment by the manufacturer to produce the new Land Rover Discovery Sport.

11 June 2014 #SMMT News

The automotive and finance industries must work to change the process for manufacturing new technologies in large quantities, a panel of experts at the 2014 SMMT International Automotive Summit has suggested.

06 June 2014 #SMMT News

An additional six buyers have confirmed their attendance to SMMT Meet the Buyer 2014, taking the number of OEMs looking to locally-source components to 24. UK automotive supply chain companies are being urged to capitalise on the once-a-year opportunity to expand their business, as the invite-only event approaches.

04 June 2014 #SMMT News

Regulatory body Motor Codes has launched the Vehicle Warranty Products code of practice, a set of customer service guidelines for buyers of car warranties approved by the Trading Standards Institute.

11 April 2014 #SMMT News

Chief Secretary to the Treasury, Danny Alexander, has announced that the Technology Strategy Board has awarded £11 million to five UK automotive manufacturers to fund ground-breaking low emission vehicle technology projects to reduce emissions.

02 April 2014 #SMMT News

The Society of Motor Manufacturers and Traders and KPMG today released a new report, The UK Automotive Industry and the EU, which examines the relationship between the UK and the European Union. The report identifies some of the key aspects of the UK’s membership of the EU and how it affects the UK automotive sector, particularly in terms of investment, growth and job creation.

20 March 2014 #SMMT News

The UK automotive manufacturing industry is already responding to Chancellor George Osborne’s Budget announcement, which called for the country to produce and export more. This week, a number of car, commercial vehicle and engine manufacturers have announced new investments and business contracts.

19 March 2014 #SMMT News

Budget 2014 delivered a series of key measures to support UK manufacturing as part of a balanced industrial strategy, taking steps to encourage investment and exports.

19 March 2014 #SMMT News

Today, Bentley has announced that its Crewe headquarters will become a centre of excellence for all VW Group W12 engines. This move will see the UK manufacturer produce up to 9,000 W12 engines per year, exporting units for the first time in its history.

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