Data collected from vehicle manufacturers and supply chain companies
A new report launched by the Department for Business, Innovation and Skills sets out details of the manufacturing parts and products that car makers want to source from the UK but are not currently buying here.
The report, 'Growing the Automotive Supply Chain: The Road Forward' identifies some of the reasons for this, where purchasing decisions are made and where the UK has the potential capability to meet this currently untapped demand.
Companies in the UK are already winning more than £7bn of work annually from vehicle makers, but there are clear opportunities to grow this business.
Using data collected from vehicle manufacturers and supply chain companies, the report identifies the opportunities with a new purchasing wish list of interior and exterior vehicle parts from manufacturers.
Dr Cable who also co-chairs the Automotive Council said: "The Automotive Council report shows for the first time, where the opportunities are, the parts that vehicle manufacturers want to source here in the UK if they have the choice, and where the UK has capability to supply those parts."
Further information:
Department for Business, Innovation and Skills
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