Industry Analysis & Industry Trends
The Motor Vehicle Manufacturing industry endured a bumpy ride during the economic downturn, although the industry is now well on the road to recovery. Consumer and business confidence were slightly unstable at the start of the period, while the value of pound depreciated. Conditions have since improved, with production rising significantly in 2010-11 and then continuing to grow strongly over the past five years. A number of manufacturers have had considerable success exporting cars to developing countries, while domestic new car registrations have reached record levels. Overall, the industry is expected to grow at a compound annual rate of 6.5% over the five years through 2015-16 to reach £52.2 billion... purchase to read more
Industry Report - Industry Locations Chapter
Generally, manufacturers are located close to manufacturing hubs and in areas with good transport access. Transport access (ports and road) optimises supply chain efficiency.
The South East
The South East has the joint largest proportion of industry establishments, accounting for an estimated 14.7%. The region is home to the Port of Southampton, which is the United Kingdom's leading port for vehicle exports. Given the importance of exports for the industry, locating nearby a major port can be a major benefit for industry operators. BMW own two plants in the region, one in Oxford where vehicles are manufactured under the MINI brand, and one in Goodwood where Rolls-Royce motor vehicles are produced... purchase to read more