UK government’s industrial strategy for automotive sector

The automotive sector is extremely important to the UK.   It employs 129,000 workers and is worth £11.2 bn. to the economy.  A new vehicle runs off a UK production line every 20 seconds, and by 2017 it is  forecast production will exceed 2 million vehicles a year.  Moreover production plants are located throughout the country, often in locations with high unemployment.

Hence the government has developed an industrial strategy aimed at supporting and encouraging this industry sector – an executive summary of which can be found here.  This strategy is focused on four main areas, all related to the field of OM:

  • encouraging innovation and R&D, especially amongst small and medium sized enterprises in the automotive supply chain;
  • developing the capability of UK firms in order to increase the proportion of parts supplied to the sector from within the UK;
  • developing the human talent pool needed to support the sector;
  • creating a business environment that supports the industry.
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