UK car industry productivity lauded

UK car industry productivity lauded

Having a culture that calls for constant improvements has helped the UK's car industry to lead the way when it comes to productivity, the president of the Society of Motor Manufacturers and Traders (SMMT) has said.

Gareth Jones said innovation, hard-won investment and sheer hard work have also helped the motor industry excel during 2015.

Speaking at the SMMT's annual dinner, Mr Jones said that while Britain's productivity is generally falling behind that of many of its competitors the trend is being bucked by the motor industry.

He said the sector's productivity levels had risen four times more quickly than the UK average, giving it the best record in Europe.

Mr Jones told his fellow SMMT members that there are still major challenges to overcome. They include, he added, a shortage of skilled workers, the question of whether Britain should remain in the EU and the impact that exchange rates and energy costs have on businesses.

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