Business Secretary Sajid Javid joined senior executives from the UK motoring industry to wave off ten of their most exciting models as they head off to the Frankfurt Motor Show next week. The remarkable event took place yesterday at Greenwich, London where vehicles from the broad spectrum of Britain’s thriving automotive industry were on display.
The cars on display ranged from luxury such as the Aston Martin Rapide which was made at Gaydon, to hatchbacks such as the Vauxhall Astra which is made at Ellesmere Port. Each car is the result of significant investment in the UK’s R&D capability and production facilities, which has supported UK economic growth. The event came after the news that investment in the UK automotive sector has now surpassed £2billion which has led to the creation of 4,500 jobs.
The UK automotive sector is one of the most advanced in the world and demand is increasing with exports to more than 100 countries worldwide. Last year the UK export market grew more than 10% taking the total value to £24.6 billion the most ever seen. This year has already seen the highest amount of cars produced in the UK in the first six months, with a vehicle rolling off the assembly every 20 seconds. This growth in the industry has brought in more than £1 billion in extra business, in turn boosting the job market. The automotive industry is also contributing more to the UK economy; it supports 800,000 jobs of which 160,000 are in manufacturing.
Speaking of the success of the automotive industry Business Secretary Sajid Javid said: “The automotive industry is a UK success story with government and industry working closely to boost productivity and growth. Not only do we build cars extremely well, but our research and development and design capabilities are equally as impressive. Together we are shaping a 21st Century sector that is going from strength to strength.”
The cars and where they are made:
Aston Martin Rapide (Gaydon)
Bentley Flying Spur (Crewe)
Honda Civic Type-R (Swindon)
Jaguar XF (Castle Bromwich)
Range Rover (Solihull)
MINI Clubman (Oxford)
Nissan Qashqai (Sunderland)
Rolls-Royce Dawn (Goodwood)
Toyota Auris Hybrid Touring Sports (Burnaston)
Vauxhall Astra (Ellesmere Port)
Examples of investment in 2015:
Honda: £200m – next-generation Civic production in Swindon
Jaguar Land Rover: £600m – expansion of West Midlands production and R&D facilities
London Taxi Company: £250m – production of next-generation of ultra-low emission taxis
Nissan: £100m – next-generation Juke production in Sunderland