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Automotive: grow your business in the UK
- 100 international markets buy from the UK automotive industry - totalling 40 billion GBP in exports in 2016
- UK specialises in motorsports and car manufacturing
- world-class research and development Catapult centres
in Europe for ease of doing business
The UK automotive industry offers the highest value added per employee in car manufacturing of any European country, according to Eurostat.
We’re also Europe’s biggest market for plug-in cars (PEVS), with 47,263 registered in 2017.
Businesses looking to set up in the UK will find:
- competitive labour costs which are lower than Italy, France or Germany
- the lowest corporation tax rate in the G20 - 19% falling to 17% by 2020
- excellent labour relations
The UK is improving internal combustion engines and developing electric vehicles. We’re Europe’s biggest manufacturer of electric cars, with a planned roll out of 10,000 electric charging points - helping to reduce carbon emissions.
The UK is also home to global brands for off-road vehicles, including Caterpillar, Leyland Trucks, Perkins and JCB.
UK automotive manufacturing includes 7 volume car and engine makers and a strong supply chain.
The UK’s key strengths include:
- low-carbon technologies
- autonomous and connected vehicle technologies
South of England is home to much of the motorsports industry, including the headquarters of 60% of Formula One teams and two Formula One research and development (R&D) centres.
There are extensive R&D centres and testing facilities across the UK.
We can help you grow your business in the UK
Whether you’ve already decided to grow your business here or you’re just starting your research, the UK government can help you make the right decision.
Research your industry
You should research your market to help you decide if the UK is the best place for your business. Contact our Investment Services Team to get market research and other expert help and advice.
Want to move your business to the UK?
You’ll need to follow several steps before moving to the UK, including applying for visas and finding the ideal location for your business. Read our UK setup guide.
The UK government can give you free help and support every step of the way. Contact us to find out more.