With food prices making headlines over the weekend,it is worth remembering that ave spend on food & drink has fallen from 30% in 1950s to less than 10% today in the UK.On the other hand, farming is facing its own inflation challenge with rising cost base due to weather & weak £.
"Although the world is a difficult place at the moment, we can say that automotive might be bright spot in the UK economy in the next year"
@ChrisGiles_#SMMTSummit
New analysis reveals UK auto manufacturers face £90m uplift in energy bills this year as costs surge 50%.
Sector already spends £50m more per annum for energy than EU counterparts, with the UK having some of the highest electricity costs in Europe.
https://t.co/SaXSUrWTTA
New roadmap, ‘From Full Throttle to Full Charge’, sets out measures on energy, skills and funding to drive large-scale investment and support competitiveness #SMMTSummit
https://t.co/SaXSUrWTTA
All set for #SMMTSummit today at @TheIET ready to hear from senior level representatives from across the breadth of the industry, focusing on sustainability, competitiveness, future workforce requirements and retail.
📢We are pleased to announce that the Chancellor of the Exchequer, The Rt Hon @RishiSunak MP, will deliver the opening political address (virtual speaker) at #SMMTSummit on Tuesday 28 June
To register for the event, please email [email protected]
SMMT boss @MikeHawesSMMT warns killing the Plug-in Car Grant "sends the wrong message" to consumers.
He says it comes "at the worst possible time" given new China-style ZEV sales mandates are due to come in.
🔋NEW: UK ends Plug-in Car Grant🔋
⚡£1,500 EV purchase subsidy (down from £5k originally) will stop today
⚡Any sales that have already applied for the grant will be honoured
⚡NB: There are still *very* significant purchase incentives for businesses to buy EVs
"The decision to scrap the Plug-in Car grant sends the wrong message to motorists and to an industry which remains committed to Government’s net zero ambition"
@MikeHawesSMMT comments on the government's decision to end the plug-in car grant
Presented to HM Queen Elizabeth II during the Silver Jubilee on behalf of the entire SMMT membership, the Rolls-Royce Phantom VI State Limousine remains the first choice of transport on state occasions to this day.
@rollsroycecars
Follow our Ukraine hub for the latest updates and how it impacts UK Automotive
Today's update focuses on sanctions on the import of iron and steel products from Russia and the export of advanced materials, both coming into force today
https://t.co/eYRWL7Q7ce
@SMMT data for Feb-22 showed that car production fell (for eight consecutive months) amid a persistent global shortage of semiconductors and renewed economic headwinds. https://t.co/TZ8ICeoql0
SMMT reveals that the ratio of public standard chargers to EVs has rapidly deteriorated, with just one charger for every 32 plug-ins across the UK compared with one for every 16 just 12 months ago and significant regional variations
https://t.co/8BzhWxRO3p
Great to officially launch the SMMT Brussels office at our Spring Auto Reception last night, helping set out the foundation for a prosperous EU-UK relationship
Special thanks to @EstherLynchs, DG Secretary, @etuc_ces & Sigrid de Vries, Secretary General, @CLEPA_eu for speaking
The auto industry has called for all stakeholders to match its commitment to deliver zero emission mobility, as new analysis reveals £10.8bn has been dedicated to UK EV production & gigafactories since 2011, with billions more invested globally
https://t.co/8FYxWnsEOn…
...an attractive location in which to invest. By doing so, together we can plug the gap between ambition and achievement – and deliver a prosperous, inclusive, zero emission future
https://t.co/KlnDmH78E5
Delivering the most radical transition in auto history means convincing the consumer. Every stakeholder must play their part by matching the commitments made by the industry, by incentivising consumer uptake, by dramatically expanding infra & by ensuring that Britain remains...