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Matt Western, Chair of the All-Party Parliamentary Motor Group, has responded to the news that the automotive industry’s production has slumped to the lowest since 1954, according to the industry’s trade body, SMMT.
The MP for Warwick and Leamington has renewed calls for an economic package to support the industry by stimulating demand and protecting jobs. It comes as the sector has reported over 11,000 jobs have been lost this year.
Mr Western said:
“The figures released today are devastating and a true indicator of the real economy.
“Thousands of jobs have been lost, and there will be many more, I fear, once furlough arrangements fade away. Consumer demand is soft due to people’s financial concerns and the wider uncertainty – all this before Brexit at the end of the year.
“For months I’ve been calling for greater support for the industry. Our economic recovery simply isn’t possible if the automotive industry is allowed to fail.
“We need to see a good trade deal struck with the EU, but we also need an economic package which protects jobs and stimulates demand – similar to what has been announced for the hospitality and construction industries.
“Time is against us, and the Government can and must act to save the industry to save thousands of jobs and give our economy a chance at recovery.”
To see the figures released today, please go to smmt.co.uk/2020/07/uk-car-production-down-42-8-in-first-half-as-sector-sheds-more-than-11000-jobs-amid-coronavirus-crisis/