The future of the UK motor industry is being discussed today (24 November) by more than 120 industry leaders, government and stakeholders at the first Society of Motor Manufacturers and Traders (SMMT) International Automotive Summit at the QEII Centre in Westminster.
“The SMMT Summit provides industry with a unique and valuable opportunity to look beyond recession and shape the future of the UK’s automotive sector,” said Paul Everitt, SMMT chief executive. “We have gathered together some of the UK’s most influential industry executives and political figures to discuss the issues and trends shaping demand in the motor industry. This year has presented unique challenges for the industry and has demonstrated the value of a collaborative approach. UK automotive manufacturing has a strong future with a focus on global markets and the importance of delivering progressively low, lower and ultra-low carbon vehicles.”
Lord Peter Mandelson, secretary of state for business, innovation and skills, will speak on the valuable contribution that manufacturing makes to the UK economy (turnover exceeds £52 billion annually) and government’s commitment to the sector, building on its recent acceptance of key strategic recommendations made by the New Automotive Innovation and Growth Team.
In addition to Lord Mandelson, 14 others will speak, including: Richard Parry-Jones (NAIGT chairman), Ravi Kant (Tata Motors vice-chairman), Mark Prisk (Conservative shadow business minister), Professor Neville Jackson (Ricardo group technology director), Joe Greenwell (Ford of Britain chairman, SMMT President), Paul Everitt (SMMT chief executive).
These speakers will address:
The UK as a location for automotive investment.
The outlook for UK automotive manufacturing and how to attract investment to ensure future employment and prosperity.
Technology challenges for developing cleaner, safer, more fuel-efficient vehicles.
Development of ultra-low carbon vehicles and related consumer buying behaviour.