Automotive overview
With over 15 billion GBP invested in the UK automotive industry between 2012 and 2015, the UK is one of the world’s most attractive destinations for foreign investment.
Automotive businesses looking to set up here will find:
- a country placed seventh in the world for ease of doing business, according to the World Bank
- the highest value add per employee in car manufacturing of any European country, according to Eurostat
- competitive labour costs which are lower than Italy, France or Germany
- the lowest corporation tax rate in the G20, at 19%, falling to 17% by 2020
- excellent labour relations
Related industries
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Links to Automotive research and development
Automotive research and developmentWith world-class test centres and a reputation for groundbreaking innovation, the UK leads the way in automotive research and development.
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Links to Automotive supply chain
Automotive supply chainAs the demand for UK-made vehicles continues to boom, UK automotive production will exceed 2 million cars by 2020. Which means a huge opportunity for businesses involved in all parts of the supply chain.
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Links to Motorsport
MotorsportThe UK leads the world in motor sport with a turnover of 9 billion GBP and more than 4,500 businesses operating in the sector.
