Britain’s booming automotive industry now employs three quarters of a million people after adding 44,000 jobs last year.
Investment by manufacturers, demand for new models and companies in the supply chain bringing work home – known as “reshoring” – helped drive the increase, according to the data from trade body the Society of Motor Manufacturers and Traders SMMT.
Analysis of current trends suggests that total vehicle production in the UK could exceed 2m a year in 2017, breaking through the all-time record which has stood for nearly 40 years.
“The UK automotive industry contributes hugely to the country’s economic health by building millions of vehicles, engines and components here every year and employing hundreds of thousands of people,” said Mike Hawes, SMMT chief executive.
“The progress made by the industry over the past year alone is hugely important. Growing our skills base and encouraging more automotive suppliers to base their businesses in the UK is now essential for us to maintain this positive momentum.”
Chosen excerpts by Job Market Monitor. Read the whole story at British car industry adds 44,000 jobs to employ 750,000 – Telegraph.



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Posted by maconsultancy | August 9, 2014, 3:42 am