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The UK automotive industry is Europe’s fourth largest producer of cars and a major international producer of engines and components. The country is a global leader in low carbon technology with significant investment being made in its R&D, engineering, design and production expertise by multinational automotive companies.
With strong government support and intense industry focus on the growing market for low carbon technologies, opportunities for new investors are growing every day and projected return on investment is high, with the UK automotive industry typically turning over £50bn annually.
The industry represents around 3% of total GDP, with automotive manufacturing turnover accounting for two thirds of the UK’s total for the sector.
On Tuesday 11th of October, industry leaders will meet to discuss the past, present and future of the UK Automotive Industry with a focus on investment and growth potential over the next few years from the low carbon automotive sector.
Log on to our to our web TV show the following day for a comprehensive look at the industry and an outline of investment opportunities in today’s climate with Paul Everitt, Chief Executive of the SMMT and Jamie Houghton who leads PwC’s Transport Consulting practice and Electric Vehicle advisory team.