SMMT Urges Government Action to Drive Automotive Growth
In a report released on June 25, 2024, the Society of Motor Manufacturers and Traders (SMMT) is calling on the incoming government to forge a strong partnership with the automotive industry. The goal of this collaboration is to fully realize the sector’s potential, ultimately driving growth estimated to be worth £50 billion, and securing the long-term health of the automotive industry.
The SMMT’s ‘Vision 2035 – Ready to Grow’ document outlines key strategies and policy recommendations aimed at fostering innovation, attracting investment, and supporting the transition to electric vehicles. The report stresses the importance of a supportive regulatory environment, investment in skills, and infrastructure development.
Further details of the report will be released soon.
