• Car Dealer Plus
No Result
View All Result
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
No Result
View All Result

Importance of single market to UK motor industry revealed in new figures

Car Dealer Magazine by Car Dealer Magazine
June 29, 2016
0
Home News

THE importance of the single market to the UK’s crucial motor industry has been revealed in new figures showing a record year.

Turnover topped £71 billion in 2015, up by 7.3 per cent on the previous year, while vehicle production increased by more than five per cent to 1.7 million, said the Society of Motor Manufacturers and Traders.

Around 814,000 workers are now employed in the sector, with firms valuing the ability to recruit from abroad.

Average new car emissions fell by a third since 2000, and by 2.6 per cent in 2015 alone, the SMMT reported.

Chief executive Mike Hawes said: ‘UK Automotive has gone from strength to strength, and is now delivering record turnover, record productivity and more jobs.

‘This success has been due to unrestricted access to the single market, input to EU legislation to safeguard the interests of UK Automotive, and the ability to recruit talent from abroad.

‘Our growth depends on certainty and continued open and reciprocal access to the 100-plus markets with which the UK automotive industry so successfully trades.

‘This is not just finished cars but components, technologies and the wider automotive value chain. Any risks and uncertainty to these fundamental benefits need to be addressed head-on by the UK Government.’

The report revealed there are an estimated 5,000 vacancies across the motor industry amid a continued skills shortage.

Car manufacturing is already up by 10 per cent so far this year, while companies in the supply chain plan to invest £225 million in new jobs, machinery and product development in the next three years.

MORE: Even small used car dealers are beginning to think nationally, says SMMT

MORE: What now? Manufacturers consider their options in the wake of Brexit

MORE: Worcester car dealership helps fundraising rally driver get on the road

On SuperUnleaded.com: Rich kid is pulled over in Lambo, abuses police officers

Related Posts

Daksh Gupta & Robert Forrester Car Dealer Live graphic
News

Listed dealer group bosses Daksh Gupta and Robert Forrester on Car Dealer Live at 1pm Wednesday

March 2, 2021
From left, Andy Wildy, Andy Coulthurst, Tim Carr of Trade Centre Group
News

Trade Centre Group reshuffles board as it prepares for growth with showrooms reopening and new site

March 2, 2021
Volvo’s UK dealer network ‘more important than ever’ despite purely digital future
News

Volvo’s UK dealer network ‘more important than ever’ despite purely digital future

March 2, 2021
Bumper marketing campaign
News

Auto Service Finance rebrands as Bumper as it’s named one of the fastest growing companies in Europe

March 2, 2021
An aerial view of Wilsons new and used car supermarket in Epsom
News

Wilsons launches ‘game-changing’ revamped website as it eyes national car sales market

March 2, 2021
Porsche Cayenne
News

Porsche Cayenne is named the most expensive vehicle to repair based on warranty claims

March 2, 2021

Want the latest news?

Sign up to Car Dealer's daily news email updates

Subscribe
How many car dealerships does each manufacturer have in the UK? Car Dealerships Locations List 2021 revealed
News

How many car dealerships does each manufacturer have in the UK? Car Dealerships Locations List 2021 revealed

February 24, 2021
Used Car Awards with Mike Brewer and James Baggott graphi
News

Who won what at the Used Car Awards 2020? Mike Brewer reveals our winning car dealers

February 11, 2021
Car Dealer issue 156 front cover and Used Car Awards
Online Magazine

Out now: Car Dealer issue 156 features our Used Car Awards, H.R. Owen CEO Ken Choo and lots more

February 23, 2021
Used car market stronger than ever as August sees sales up by nearly 50 per cent for Big Motoring World
News

Opinion: Here are 10 reasons why I think there’ll be a rapid recovery in car sales when lockdown ends

February 16, 2021
Trophy Cars forecourt
News

Investigation: Meet the hyper-specialist car dealers making their money from weird and wonderful motors

February 11, 2021
Become a Car Dealer Plus member and get more out of this website including free legal advice
News

Become a Car Dealer Plus member and get more out of this website including free legal advice

January 15, 2021
Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK
Car Dealer Top 100

Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK

February 10, 2021
Bitcoin ATM terminal
News

Will car dealers in the UK accept Bitcoin for payment? Dealers speak out after Tesla plans to accept cryptocurrency 

February 18, 2021
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
Call us: 020 8125 3880

© 2020 Blackball Media

No Result
View All Result
  • Car Dealer Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100

© 2020 Blackball Media

Log In
Register
Register
Server C