While there are positive signs of an industrial strategy for automotive and investment in EV infrastructure, the new government's actions will be determined by political uncertainty and competing national priorities.
As an employer of 78% of the 758,000 people working in the sector and which generates annual turnover of £100 billion, automotive retailers will now focus on how Labour plans to addresses the factors which most impact their business – and just as importantly, the speed at which it will deliver.
The Society of Motor Manufacturers and Traders (SMMT) is urging the next government to collaborate closely with the automotive industry to unlock its full potential, projecting a £50 billion growth opportunity over the next decade.
Three quarters of dealerships are coming under significant pressure from manufacturers to help them meet zero-emissions targets despite demand for electrified cars remaining ‘very weak’.
As the July 4 General Election approaches, AM examined the contrasting visions from the major political parties on transport and environmental policies.
The Institute of the Motor Industry (IMI) is calling on all political parties to acknowledge the sector's significance for economic and social stability
