Our UK automotive industry supports nearly 825,000 jobs and generates has a turnover of £82 billion. These statistics illustrate that the future looks bright for both motorsport and high performance engineering if they exploit the potential opportunities. We've seen this demonstrated in other sectors of the UK economy including defence, aerospace and marine, reaping the benefits of the ‘can-do’, rapid response culture of the UK's motorsport industry.
Key statistics on the UK Automotive Industry*:
17 of the world’s top 20 suppliers to the automotive industry have operations in the UK
2,500+ automotive suppliers in the UK
1.52m cars and 2.71m engines built in the UK
Invested £3.75bn in Research & Development
Added £18.6bn in value to the UK economy
Automotive is one of the UK’s leading export sectors by value, accounting for 14.4% of the UK's total export goods
MIA's Motorsport to Automotive Initiative (M2Auto)
Inspired and driven by the Automotive OEMs who identified a need for the motorsport sector’s R&D capabilities and fast delivery expertise, the M2Auto Initiative facilitates and creates closer collaboration between OEM automotive manufacturers and Tier 1 suppliers, MIA members of the motorsport and high performance engineering industry.
Automotive OEMs identified the UK motorsport sector’s R&D prototyping capabilities and rapid delivery as being of real value in early stage project development requiring the following:
“The mainstream automotive industry is hungry for new ideas, for innovation and for new technology and if the motorsport industry can provide some of those ideas, then it will undoubtedly benefit”
Richard Parry-Jones CBE
Former Joint Chair of the Automotive Council
Motorsport companies who have successfully engaged with the Automotive sector
Williams F1 and Jaguar C-X75
and Nissan Juke-R
Volvo S60 prototype
with Flybrid KERS
414e hyrbid prototype
Showcase of innovative motorsport capabilities
Invited by, and working with automotive OEMs following meetings with Automotive Council UK, the MIA has created and delivered, since 2012, in-house showcases as part of our Motorsport to Automotive (M2Auto) initiative.
These have taken place at:
Emerald Automotive and the London Electric Vehicle Company
Honda R&D Europe
Jaguar Land Rover
Jaguar Land Rover Classic
Jaguar Land Rover Special Vehicle Operations
Morgan Motor Company
Niche Vehicle Network
Nissan Technical Centre Europe
Our events calendar is updated regularly with new activities and events that we are hosting under our Motorsport to Automotive Programme.
What have you learned about the Motorsport to Automotive Programme?
This video (published 2 February 2015) has MIA Members explaining the value they have gained from the Automotive Showcase of Capabilities Programme.