New study explores EU–UK automotive competitiveness in a changing global landscape
By Google News Motors ·
A new study commissioned by the European Automobile Manufacturers’ Association (ACEA) and the Society of Motor Manufacturers and Traders (SMMT) examines how the European Union and the United Kingdom can respond together to the technological and geopolitical forces reshaping the automotive industry.
Produced by LSE Consulting’s Trade Policy Hub, the study looks at changes in employment, trade, ownership, investment and innovation across the EU–UK automotive system between 2014 and 2024.
Its analysis covers 62 automotive business groups representing at least 95% of vehicle registrations in the EU, European Free Trade Association countries and the UK, and is complemented by an industry survey and interviews with senior automotive executives and institutional representatives.
The findings show that the EU and UK remain each other’s most important automotive partner, while their value chains have become less integrated and both have grown more reliant on imported inputs.
The study highlights the technological and geopolitical pressures reshaping the automotive industry and the importance of closer EU–UK cooperation. Firms surveyed point in particular to a coordinated partnership on trade, critical minerals and batteries, supported by predictable, multi-year frameworks.
Read the full study here: https://www.lse.ac.uk/business/consulting/reports/strategic-cooperation-uk-eu-automotive-value-chains-amid-global-challenges
Originally published by Google News Motors
