Industrial Strategy: Government And Industry In Partnership

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Industrial Strategy: government and industry in partnershipDriving success – a strategy for growth andsustainability in the UK automotive sector

The UK automotive industryOver the last few decades the automotiveindustry has been completely transformed: 6 billion investment from global vehiclemakers in the last two years 4th largest vehicle producer in Europe –making 1.6 million vehicles – or oneevery 20 seconds. Could rise to morethan 2 million by 2017 Over 80 per cent exported, to more than100 countries In addition producing 2.5 million engines.2Driving success Summary

The automotive sector strategyThis strategy sets out a shared vision fora UK automotive manufacturingindustry that is: Diverse, dynamic, growing and globallycompetitive Making a large and increasing economiccontribution to employment andprosperity in the UK Playing a decisive role in developing andmanufacturing low and ultra-lowemission vehicles and technologies Supported by a highly skilled workforceand a strong supply chain Inspiring young people to pursuerewarding careers in engineering andmanufacturing3Driving success Summary

Challenges and opportunities (1)Innovation and technology Almost none of Europe’s new cars powered solely by traditional petrol ordiesel engine by 2040 Once in a lifetime technology change – opportunity for the UK to:» create tomorrow’s vehicles» increase market share» create new supply chain companies To get the most from this requires increase in R&D investment andsecuring production in the UK.Supply chain Domestic supply chain relatively weak – on average only one third of theparts that go into vehicles manufactured here are sourced from the UK Stepping up amount of UK content depends on a stronger automotivesupply chain in the UK. UK suppliers could take a much bigger share of the market – 3 billionopportunity identified by the Automotive Council4Driving success Summary

Challenges and opportunities (2)Skills Scale of future opportunities and meeting increasing productiondemand has highlighted shortage of engineers & other skilledworkers. UK needs to build up a comprehensive talent pipeline– including in the supply chain, starting in schools and encouraging acareer path to apprenticeships, graduates and post graduates.Business environment UK faces stiff competition from other countries that strategicallysupport advanced manufacturing– including significant R&D spending and tax breaks and strongincentives to encourage investment by suppliers Strategic partnership is key to improve the business environmentfor the UK automotive sector5Driving success Summary

Investing in innovation and technologyDevelopment & commercialisation of newautomotive technologies in the UK is critical tothe medium to long-term future of the sector.Action required to secure future developmentand production in the UKInvesting in a new Advanced Propulsion Centre(APC) Government & industry will invest around 1billion over 10 years in a new centre to develop,commercialise and manufacture advancedpropulsion technologies Investment expected to secure at least 30,000jobs currently linked to producing engines andcould create additional jobs in new supply chainsImproving academic co-ordination andcollaboration Automotive Council and EPSRC will set upadvisory group to align research funding withindustry challenges6Driving success Summary

Enhancing supply chaincompetitiveness and growthNeed to understand barriers to growth for home grown firms and furtherinvestment in the UK and have an action plan to tackle these.Supporting inward investment Government has set up a new Automotive Investment Organisation (AIO) in UKTI–Led by Joe Greenwell, the former Chairman of Ford of Britain–Will take strategic direction from the Automotive Council.–Aim is to improve the image of the UK as a place for automotive suppliers to invest andprovide first contact to key potential investorsImproving access to finance Access to finance is vital to help the supply chain grow Tooling finance is a key issue7–Without it supply chain cannot support vehicle manufacture growth and production is likelyto go abroad–Automotive industry and the banks have developed high-level framework setting outprinciples for how they will work together to provide supply chain financeDriving success Summary

Investing in people – ensuring the rightskillsIndustry has agreed a collective road map setting out a common view ofwhat skills and training are needed to address the skills gapsThis will underpin how the industry and government work together to addressthe skills shortageApprentices and graduates Working together to improve quality & quantity of apprentices, graduates &postgraduates in the automotive industry. Industry members of the Automotive Council expect to take on more than 7,600apprentices and 1,700 graduates over the next five yearsYoung people Attracting more young people, especially women, into automotive careers by initiativessuch as:8–Lending Automotive Council endorsement to several high-quality and effective school,graduate and post-graduate schemes–Automotive Council developing scholarship scheme for promising universitystudents who are sponsored through their degrees by individual companiesDriving success Summary

A business environment that enables acompetitive automotive industrySupportive business environment is critical to sustaining the competitiveness ofthe sectorGovernment and industry have identified a range of key issues Flexible labour market: Maintaining and enhancing the UK’s flexible labourmarket as a key competitive advantage Local engagement: Regular and strategic engagement between the AutomotiveCouncil, local enterprise partnerships (LEPs), devolved partners and other localdecision makers in areas with a strong automotive link European engagement: Maintaining proactive engagement with the EuropeanUnion (EU) so the UK has continued access to the Single Market and an influentialvoice in the development of regulations Free trade: Supporting key free trade agreements to boost exports throughreciprocal access to markets Support ultra-low emission vehicles: Continuing to support early market forultra-low emission vehicles. This has encouraged investment in the manufacture ofultra-low emission vehicles in the UK. Government will publish detailed strategy onultra-low emission vehicles later this year9Driving success Summary

Next steps Detailed implementation planning underway Automotive Council working groups taking forward detailedwork including on the Advanced Propulsion Centre Automotive Investment Organisation now ving success Summary

Industry members of the Automotive Council expect to take on more than 7,600 apprentices and 1,700 graduates over the next five years Young people Attracting more young people, especially women, into automotive careers by initiatives such as: – Lending Automotive Council endorsement to several high-quality and effective school, graduate and post-graduate schemes – Automotive Council .

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