Investment in UK automotive industry must be maintained, says SMMT boss

Government must maintain its current levels of investment in the automotive industry or risk becoming uncompetitive, warns Society of Motor Manufacturers and Traders

The UK government must continue to work with the country’s automotive industry to ensure it stays competitive, according to Society of Motor Manufacturers and Traders president Gareth Jones.

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Speaking at the SMMT’s annual dinner in London, and ahead of tomorrow’s autumn spending review, Jones said that current levels of investment in the UK’s automotive industry must be maintained and warned of “devastating waste” if spending cuts undermine the current supply chain.

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Source: www.autocar.co.uk