Supplier investment needed to ensure bright future for automotive in the UK
With presentations from key industry figures, the 2014 SMMT International Automotive Summit in Canary Wharf, London attracted 200 senior industry delegates and projected a generally positive outlook for the future of the UK automotive industry. However a few challenges need to be addressed to ensure continued momentum.
The day kicked off with a presentation by Jaguar Land Rover’s Director of purchasing, Ian Harnett who spoke of JLR’s current success with the company’s annual worldwide sales now exceeding 400,000 vehicles and in 2013, global sales were up 16% and 85% of revenue coming from exports.
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