- Nov 26 2014
United Kingdom - An Overview of the Automotive Market
About this product:
Automotive manufacturing in the UK generates $98 billion in annual revenue, nearly 5% of GNP, and supports more than 200,000 jobs. Vehicle servicing, parts, maintenance, marketing and distribution together employ an additional 500,000 workers; parts and services has annual revenue of almost $26 billion. The regional center of the automotive industry is the West Midlands where 30% of the industry is based. The UK boasts the world's most successful motorsport industry and a range of smaller producers serve specialty markets such as sports cars, luxury cars, and London taxis.