UK cars are becoming more British – but still lag behind Euro rivals 0

cars-are-becoming-more-British-but-still-lag-behind-Euro-rivalsVehicles manufactured in the UK are steadily becoming more British, justifying the push to increase the amount of domestically produced components.

In a new study by the Automotive Council, it was revealed that 44% of the parts and components used to manufacture the 1.7 million cars rolling of UK production lines were also made domestically.

This is a marked increased since 2011, where the amount stood at 36% and 41% in 2015. This raises the value of business to British suppliers to £12.7bn a year, a rise of £3.7 billion from when the provenance of parts was first investigated six years ago. The UK still lags far behind Germany and France however, where the figure is said to be around 60%.

Business Secretary Greg Clark said while the report “highlighted the sector’s good progress, there are many more opportunities for us to exploit”, adding the industrial strategy “will build on the automotive industry’s strengths”.

Mike Hawes, chief executive of Society of Motor Manufacturers and Traders (SMMT), added: “The domestic supply chain is the backbone of UK automotive and its health is crucial to the success of the whole sector. While it is good news that British cars are becoming more British and reshoring efforts are enjoying success, the process takes considerable time.

“To grow our supply chain further, the long term competitiveness of the UK must be maintained. Collaboration with government has been an undoubted factor in the recent success and we hope to continue this approach to ensure the economic and trading conditions we currently enjoy are maintained.”

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