Currently reading: SMMT: UK automotive needs government support to thrive

Industry body says action plan is needed if UK automotive is to remain competitive on a global scale

The UK automotive industry has called for swift government intervention to protect it from existential threats – such as protectionist trade policies and soaring energy costs – and guarantee its future prosperity.

The Society of Motor Manufacturers and Traders (SMMT), which represents the industry, warned the window for implementing safeguarding policies could close as early as 2024.