UK's Approach to Auto Sector Pleases the SMMT

The Society of Motor Manufacturers and Traders (SMMT), the leading authority of the British automotive industry, is pleased with the way in which the government is handling both the transition of ideas between the people of the old and the 2010 governments and the way in which it supports the industry.

This is how SMMT's boss, Paul Everitt, is describing his organization's view on how the government has tried to help the industry. Especially, says Everitt, essential are the efforts made to help increase the production of vehicles in the country.

"What is clear is we are going to have a long road back," Everitt was quoted as saying by just-auto.com. "What I look at is what the government is saying [which] is we need to reduce public debt and have a rebalanced economy. While demand is lower than we [would] like, it is stable. We know what we have to do to increase market share.”

"Government is in a difficult position where they can do things they do. We are fully behind the idea you need to have a rebalanced economy, that manufacturing needs to play a role."

The British automotive industry, although it too got hit by the economic crisis which peaked in 2009, has managed to navigate its way through perhaps better than, for instance, the one in the US. Foreign car makers, like Nissan, have already stated their intentions of making the UK one of the main production hubs for the models of the future, the electric vehicles.