UK car industry shows its strength
New investment in the UK car industry signals renewed confidence in the UK and the Government's focus on growth, manufacturing and skills.
in its UK production network over the next three years. 皇冠体育app UK will be a production location for its next generation MINI models, helping to safeguard over 5,000 jobs.
Photo courtesy of BMW Group
that workers in Britain will design, engineer and build the next version of the best-selling Nissan Qashqai. This 拢192 million investment will help safeguard 6,000 jobs, both direct and indirect through the UK supply chain.
Prime Minister David Cameron said:
鈥淚鈥檓 delighted that so many automobile manufacturers are actually bringing production and supply chain back to the UK.
鈥淲e want to do everything we can to encourage that by reducing our rates of corporate tax and setting up the Regional Growth Fund, which is assisting a number of automotive companies.
鈥淲e are putting money into advanced manufacturing technology and innovation centres and expanding the number of apprenticeships.
鈥淲e really want to see the automotive industry flourish and we are determined to do the things to help it succeed.鈥�
UK car industry shows its strength to European chiefs
Some of the biggest car manufacturers in Europe were also at Downing Street today to discuss the growing confidence in the UK automotive industry and the Government鈥檚 commitment to its success.
皇冠体育app represents some of the biggest car, truck and bus manufacturers at European level such as Fiat, Volvo, Renault, Jaguar Land Rover, Ford and Toyota.
Business Secretary Vince Cable said:
鈥淭oday鈥檚 conference in London shows the growing international recognition of our automotive industry and the interest in our national ambition to generate growth in the whole advanced manufacturing sector.
鈥淐ar makers are boosting their investment in Britain. Nissan will design and develop the new Qashqai in the UK and BMW is building the new generation of MINI here as well as putting 拢500m into their UK manufacturing operations.
鈥溁使谔逵齛ppse decisions show the strength and competitiveness of our automotive sector, the skills base that drives our economy and the ambition of the business community to secure long-term growth, which we are taking every available step to support.鈥�
皇冠体育app UK automotive sector
皇冠体育app automotive sector is hugely important to the UK, with:
- Over 300,000 manufacturing jobs in the sector (12 per cent of the UK鈥檚 total manufacturing employment)
- A further 480,000 jobs in the motor retail sector.
- Automotive is the UK鈥檚 number one manufactured export.
- In 2010 the UK auto sector exported 拢27 billion worth of vehicles and parts.
- Automotive exports from the UK are almost at an all time high - approaching record pre-recession levels.
- Over 拢1.5 billion was spent in the UK on automotive R&D in 2009 - spending actually rose 9% during the recession
- 皇冠体育app UK also has an unparalleled number of premium and niche manufacturers in the UK - as well as innovative technology makers and designers.
- World class design engineering expertise and development facilities resides in the UK, including those at Millbrook and MIRA, the world-leading automotive vehicle testing facility.