TSB announces new research into UK automotive supply capabilities
Wed 02 June 2010
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A new report undertaken by Ricardo and commissioned by the Technology Strategy Board (TSB) outlines the current capabilities of the UK's automotive industry. The report is intended to act as a basis from which business can make informed decisions about developments in the sector. The report, requested by the New Automotive Innovation and Growth Team (NAIGT), is aimed at assisting UK business to take greater advantage of the market opportunities brought about by the development of low carbon vehicles.
Commenting on the report, the SMMT chief executive Paul Everitt said, "This report demonstrates that the UK motor industry is well set to exploit the transition to ultra low carbon vehicles. It has the skills, capabilities and technological strengths that are required for success."
Iain Gray, Chief Executive of the TSB said: "This is a brilliant guide for the auto industry, putting them in a position where they can see where the opportunities and challenges lie."
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