SMMT
APRIL 25, 2024
British CV production records best Q1 since 2008, rising by 27.4% Growth is still expected this year, with the latest independent outlook expecting light van production volumes to hit over 135,000 units – a result of electric vehicle output ramping up. to 32,626 units. Export volumes grow 57.9% March decline to 7,943 units.
SMMT
OCTOBER 28, 2022
A new Prime Minister and government enter parliament this week and we look forward to working with both to ensure the UK automotive sector remains globally competitive. To maintain this growth, we need action to drive investment into electrified vehicle production and, critically, the supply chain.
Dinesh Mishra
OCTOBER 11, 2024
Other notable trends include the growth in industrial automation, particularly in the automotive sector, which continues to be a major consumer of machine tools, including CNC machines and advanced automation solutions. The adoption of CNC machines is essential for achieving precision and efficiency.
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