Uk automotive industry statistics 2019SMMT are continually functioning with government and relevant stakeholders, to make certain that the wide range of opportunities and careers in the automotive industry are widely understood. Sector professionals have discovered that, more than the previous couple of years, emotional attachment to automobiles has decreased considerably. This explains why vehicle sharing has turn into very popular, even in emerging economies in the APAC and the EMEA regions. The fact that by 2030, a single out of every single ten vehicles sold is estimated to be a shared car, reflects the growing awareness to ‘go green’ and minimize carbon footprints.

House ownership is the lowest in 30 years. Individuals rent flats for longer and buy their first houses at an older age. Also, buyers who lease their automobiles is escalating. Depreciation danger has been amplified by the speed of technological modify within the automotive sector. Vehicles are becoming smartphones on wheels, and shoppers are increasingly sensitive to their new vehicles getting out of date inside a couple of years. Trends across the style sector evidence that businesses are starting to offer you rental, automobile sharing and leasing services rather than forcing people to acquire the auto in one lump sum. Rolls-Royce offers their customers to rent an engine exactly where they get complete service included to make positive it is usually in service.

We asked Redline’s Contract Recruitment Consultant Michael Diozzi about the future of jobs in the UK’s automotive sector and how it will be affected by … READ MORE ...