SMMT analysis published today reveals the scale of Wales’ contribution to UK Automotive, with the sector directly supporting 7,000 jobs, representing one in 20 UK automotive workers, sustaining skilled livelihoods and generating £477 million for the economy.
The findings come as senior leaders from industry, Welsh Government and the defence sector gather in Newport today (Thursday) for SMMT Regional Forum, where discussions will focus on the country’s automotive strengths amid the challenges of electrification, regulation, energy costs and trade uncertainty, plus opportunities for auto suppliers following release of the UK Defence Investment Plan.
Wales’ automotive strength lies in the diversity of companies operating across the nation – from vehicle production and powertrain manufacturing to semiconductors, advanced components and specialist suppliers. Together, they form an important part of the UK’s automotive ecosystem and the technologies that will shape its future.
This includes Aston Martin’s St Athan factory, home of the cutting-edge DBX,2 Toyota UK’s Deeside engine plant, which employs around 600 people and has attracted more than £2.82 billion investment,3 and Vishay Newport, the UK’s biggest semiconductor manufacturing facility, supported by £250 million of public investment and set to sustain more than 500 skilled jobs.4 Alongside supply chain businesses such as BJ Seals, Lucas Oil Products and Senior Flexonics, these companies underline Wales’ potential to create a more resilient, competitive and electrified UK automotive sector.
Speaking at the event, Mike Hawes, SMMT Chief Executive, said, “Wales is a vital part of the UK automotive industry, and bringing Regional Forum here recognises the strength, capability and potential of the sector across the country. As the industry transforms, events that bring businesses and government together are crucial, helping tackle shared challenges, unlock future investment and ensure Wales – and the wider UK – remains globally competitive.”
The agenda features two sessions with industry leaders, including David Moore, Head of Manufacturing – St Athan, Aston Martin Lagonda; Scott Milne, Vice President and General Manager, UK Operations, General Dynamics; Ritchie Hart, Head of Process Technology – Strategic Capex, Tata Steel UK; Andrew Cranke, Director of Sales for Northern Europe, Vishay; and Adam Price MS, Cabinet Minister, Enterprise, Connectivity and Energy, Welsh Government.
