It was fantastic to see the British motor market up where it belongs a few days ago: at the top of the news agenda, making the headlines in mainstream papers, producing lead stories for broadcasters, plus drawing in the interest as well as respect it is worthy of from commentators, analysts as well as politicians.
True, a few of the advancements have been declared discouraging, if not disastrous. The best/worst example of this is “just £347.3million earmarked for new models, devices as well as facilities in the UK” during the very first six months of 2018, according to the society of motor producers as well as Traders (SMMT). however hang on, this is £347.3m or practically £2m each day much more than many countries invested in car market jobs over the exact same period.
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• Jaguar Land Rover warns of annual £1.2billion Brexit loss
Looking at the wider, much more essential picture, present figures show that Britain still has at least 75 vehicle producers (six mainstream, eight premium/sports as well as 60-plus specialists). As far as I know, none has lately stated it’s closing down right here as well as defecting to one more country. as well as the exact same goes for our lots of engine, CV as well as PSV manufacturers.
“You’re right, nobody has shut up shop yet,” the SMMT assures me. “And we’re keen to guarantee that doesn’t happen.” glad to hear it. I’m similarly pleased that we continue to export to around 160 markets; some, incidentally, inside Europe, the large majority not. It was ever thus, as well as always will be. If there’s one more little country that boasts much better numbers than all those I’ve touched on above, I’m not conscious of it. It gets much better still.