We all love statistics...who doesn't?
It's all in the data. Big data drives our world and the Automotive Industry is no different. Worth £60bn to the UK economy, we're operating in a fast-paced sector with investment aplenty. Whilst there have been mutterings that the UK Government should be doing more to support the industry, demand for vehicles is high and growing. So why do these stats matter?
We need to watch carefully
The ongoing challenges of climate change, coupled with component shortages mean that pressure is at an all time high for business leaders. With plants in Europe grinding to a halt, these figures will no doubt come to play out in many years to come as globally, much will be debated about the impact of the war, and rise or fall in demand, output and revenues.
And as a big global exporter, vehicles and parts made here in the UK are exported to over 140 different countries. Even more reason to keep our finger on the pulse of what's happening out there.