> Department for International Trade > Automotive Industry in the UK

Automotive Industry in the UK

Department for International Trade
Published:  Feb 09, 2018
Length:  7 pages

This is an exciting time for the UKs diverse automotive industry. Were experiencing rapid growth with many of the worlds leading manufacturers including the BMW Group, Ford, Jaguar Land Rover, Nissan and Toyota recognising the business case for investing here. The UK offers one of the lowest labour costs in western Europe, a competitive corporation tax (set to fall to just 17% by 2020) and regulations that support innovation and expansion. Meanwhile, the UKs geographic location and strong supply and distribution infrastructure makes us a gateway to a customer base throughout Europe and beyond.

Tagsinnovation, development, workforce, productivity, business, markets