UK automotive accelerates thanks to £130m investment

Posted on 4 Jul 2018 by Jonny Williamson

The UK automotive sector has seen £130m of foreign direct investment over the past month, creating four new plants across the country and nearly 500 new jobs.

According to DIT, UK automotive exported £32bn of products, including 1,340,000 vehicles, in 2017 to more than 160 international markets – image courtesy of Depositphotos. The announcement from the Department for International Trade (DIT) coincides with a report from EY which found the UK remains the number one destination for FDI…

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