SMEs invest £22m into Northern vehicle industry

INVESTMENTS totalling £22m were made by Northern automotive supply base and niche vehicle manufacturing companies – all SMEs - during 2015.

This contrasts to a similar survey conducted just one year earlier when investments totalling just above £7.5m were made. The latest figures equate to an increase in investment of around 300%.

In addition, at least 341 jobs were created by automotive SMEs in the Northern region during 2015 – compared to 237 jobs during 2014.

The figures do not include ... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...