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AUTOMOTIVE INDUSTRY IN THE UK IS ALIVE AND WELL
30 October 2005 - Corus Automotive
| Professor Garel Rhys addresses leading figures from UK automotive supply
chain. Need to invest in R&D to stay competitive. Technical innovation key to
future success |
The automotive industry in Britain is alive and well and still a major global player, Professor Garel Rhys, director of the Centre for Automotive Industry Research, told delegates at a seminar looking at the future of the UK automotive industry, hosted and organised by Corus, a leading material supplier to the industry. The annual event attended by representatives from many of the UK's leading automotive tier-1 suppliers was held at Corus' Port Talbot plant on Thursday 13 October. Professor Rhys stressed to delegates that 28 per cent of UK car plants' output was bought in Britain and that over 72 per cent was exported. "The automotive industry accounts for 9.5 per cent of UK manufacturing exports by value and UK factories turn out 3 per cent of the global production and 9 per cent of European production, with ?8.5 billion value added to the UK economy. It is the foreign buyer who keeps the UK factories going, not the home market," added Professor Rhys. Nissan in Sunderland, Toyota in Derby and Honda in Swindon are the top three car plants in Europe and envied in other parts of the Continent. Professor Rhys added: "With much attention given to the recent collapse of the MG Rover Group, it's easy to forget that the UK automotive manufacturing industry still involves 3,200 businesses employing over 215,000 people". In particular, the jewel in the crown in UK automotive manufacturing is diesel and petrol engine production. "A quarter of Ford's total global engine production output is here in the UK", added Professor Rhys. In addition, the UK leads in motorsport technology and development and is also renowned the world over for educating, producing and nurturing some of the automotive industry's very best designers. Professor Rhys said that what Britain had to do to keep ahead of competitors was to lead in areas of testing and technology and he urged major suppliers at the seminar to spend more on research and development to give added value to the products. Professor Jon King, director of Corus Automotive, agreed and told delegates that product innovation was the key to future success and that if the UK and European automotive industry wanted to keep ahead of developing countries such as China, then firms need to double investment in research and development. He urged component suppliers at the seminar to work with Corus from concept to creation of products as he felt all participants in a venture could learn from one another and thereby compete far more efficiently in world markets. "Although there is partnership in the automotive industry at vehicle manufacturing level I don't think it extends sufficiently down the supply chain. UK suppliers working in partnership with us, can benefit from our material expertise to provide solutions to the cost, weight and reusability challenges car makers face today." Professor Garel Rhys concluded: "There are problems but the UK automotive industry is far from dead and the only question is what it will look like a few years from now? There are signs for hope."
http://www.corusautomotive.com
About: Corus Automotive
Corus is one of the leading suppliers of steel products, services and technology to the automotive industry. A broad range of Corus steel from strip, engineering steels, special strip and tubes are used to make products that go into automotive applications including body-in-white, closures, chassis and suspension systems, powertrain, seats, safety systems and other components. Corus is committed to the global automotive industry, and, uniquely, combines its materials and vehicle engineering knowledge to respond cost-effectively to key drivers of importance to the sector, such as safety, fuel-efficiency, innovation and the environment. The Company actively supports supply chain initiatives that improve efficiency and enhance the value of steel used in automotive applications. Corus Group Plc is one of the world's largest metal producers with an annual turnover of £8 billion and major operating facilities in the UK, the Netherlands, Germany, France, Norway and Belgium. Corus' four divisions comprising Strip Products, Long Products, Distribution & Building Systems and Aluminium provide innovative solutions to the construction, automotive, packaging, mechanical engineering and other markets worldwide. Corus has 48,500 employees in over 40 countries and sales offices and service centres worldwide. Combining international expertise with local customer service, the Corus brand represents quality and strength. |
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