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SMMT's plan to lift the UK car industry

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July 02, 2025

A NEW multi-pronged plan to revive the UK's floundering car industry could inject an extra £50billion into the economy over the next decade, coming alongside investment by the Government as part of its new Industrial Strategy.

At the Society of Motor Manufacturers and Traders' (SMMT's) annual International Automotive Summit, the UK car industry set out the details of its 'Competitive Edge' report. This outlines the key changes that need to be implemented in order to propel the nation to become one of the world's top 15 forces for automotive manufacturing.

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