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Flight to UK |
The sector hopes to capitalize on over £6 billion of investment in the last two years and an 8% rise in production in 2012. The number of cars manufactured in the UK is expected to double between 2009 and 2017, hitting 2 million per year.
Chief executive of the Automotive Investment Organisation Joe Greenwell said: “The goal is to maintain and extend this momentum. I want to remove reasons why people may not want to come here. “We need to recapture and repatriate business that we lost in the past few decades, business that went elsewhere to places like western and eastern Europe and Asia. We want to get it back.”
The Automotive Investment Organisation was set up earlier this year as part of a £3 million government scheme to boost the car manufacturing supply chain.
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