THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED SMMT, the ‘S’ symbol and the ‘Driving the motor industry’ brandline are trademarks of SMMT Ltd SMMT TEST DAY SMMT Chief Executive, Paul Everitt 24 May 2012
THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITEDPAGE 2 UK car market Vehicle production Automotive industry Motor Codes SMMT Tyre and Safety Zones Industry briefing – Test Day 2012
THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITEDPAGE 3 UK new car market forecast (April 2012)
THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITEDPAGE 4 UK automotive manufacturing volumes
THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITEDPAGE 5 Over £5.6 billion of investment and purchasing spend committed to the UK. More than 15,000 new jobs created in plants and facilities across the country. More than 6,000 jobs secured on the back of long- term investment announcements. UK automotive investment – the last 18 months
THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITEDPAGE 6 Around 2,350 domestic automotive suppliers. Over 70% manufacture here. 80% of all parts required for vehicle assembly can be sourced in the UK. The automotive supply chain generates £4.5-5 billion of added value, annually. Approximately 82,000 people employed across all tiers. 1 job in vehicle assembly = 7.5 elsewhere in the supply chain. UK automotive supply chain Did you know?
THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITEDPAGE 7 UK automotive supply chain New investment – new opportunities Increasing high-value international investment = fresh opportunities at every level of the supply chain. UK-based OEMs actively committed to increasing local sourcing practices to support new model programmes and facility expansion To maximise opportunities UK automotive suppliers need: –Access to specialist finance options to support growth. –To build a globally competitive skills set. –To invest in innovation, R&D and capital equipment. –To achieve global quality, cost and delivery.
THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITEDPAGE 8 Received full OFT approval for Service and Repair Code. –6,800 subscribing garages Pioneered an open, online, consumer ratings tool. –Echoing government call for consumer-led marketing. –40,000+ ratings, overall satisfaction rate of 94%. 75% increase in traffic to subscriber profile pages. –96,000 views per month. MOT Review –Government looking to work with Motor Codes to help build consumer trust and confidence. –Those committing to high standards will see a reduced regulatory burden. Motor Codes Key achievements:
THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITEDPAGE 9 SMMT Tyre Zone Legal requirement from November. 300 tyre brands, 30 million tyres a year. Greater information for motorists –Fuel efficiency –Safety –Noise LIVE DRIVE DEMOS –Book at the Tyre Zone
THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITEDPAGE 10 SMMT Safety Zone Current and future safety technologies –Adaptive Cruise Control –Emergency Braking –Head-up Display –Lane Support –Tyre Pressure Monitoring LIVE DRIVE DEMOS –Book at the Safety Zone
Society of Motor Manufacturers and Traders Limited 71 Great Peter Street, London SW1P 2BN THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED THANK YOU