Industrial Strategy and the Automotive Sector Deal – just more talk or a worthwhile exercise?

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Mills and ReeveOn 10 January the Government launched the Automotive Sector Deal, providing support for the sector in the implementation of the Industrial Strategy.

What is clear from both the Industrial Strategy and the Automotive Sector Deal is that the UK Automotive industry is seen as a beacon of hope and opportunity, particularly in the brave new world post EU. Automotive is at the cutting edge of global challenges and significant developments in how we live, work and play and also forms a large percentage of our exports. Many sectors and players have a role to play in ensuring its continuing ability to adapt and play on the world stage. Each of the five foundations of the Industrial Strategy play into the development of the Automotive Sector, hence the partnership between Government and Industry to push the sector forward.

So what does the Automotive Sector Deal do?
Arguably, it reiterates commitments identified in the Industrial Strategy, re-packages funding and initiatives which are already in place and many of the projects highlighted are fairly short term in commitment. We do, however, get clarity on the key initial commitments of both government and industry and it is evident this is intended to be a longer term play, not a short term PR stunt. Here’s hoping…

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