SME Support Roadshow: Yorkshire

Transcription

1 SME Support Roadshow: Yorkshire 19 November 2015 THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED SMMT, the S symbol and the Driving the motor industry brandline are trademarks of SMMT Ltd

2 SME Support Roadshow: Yorkshire, 19 November 2015 Nikki Huggett, Project Manager SMMT Tim Hughes, Membership Account Manager SMMT THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED SMMT, the S symbol and the Driving the motor industry brandline are trademarks of SMMT Ltd

3 Agenda Agenda 1. Industry overview and current landscape 2. Opportunity for suppliers 3. Opportunities through SMMT THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 3

4 The UK Automotive Sector 69.5bn turnover 12bn value 799,000 jobs dependent on automotive 2.4 million engines 1.6 million vehicles annually 158,000 in manufacturing 80% of vehicles exported SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 4

5 UK car manufacturing output by site (>10k) ,528,148 (+1.2%) Marque No. manufactured Land Rover Halewood Nissan Sunderland 500, ,355 Vauxhall Ellesmere Port Jaguar Castle Bromwich Land Rover Solihull Bentley Crewe Toyota Burnaston 178, , ,799 77,836 75,152 10,614 Honda Swindon Source: SMMT PIE data MINI Oxford THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 5

6 UK car manufacturing output by site (<10k) ,528,148 (+1.2%) McLaren Woking Marque No. manufactured 4,381 LTC Coventry 3,967 MG Longbridge Caterham Dartford 3,054 1,751 Morgan Malvern Lotus Hethel 1,492 1,376 Aston Martin Gaydon Rolls-Royce Goodwood Source: SMMT PIE data THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 6

7 UK commercial vehicle manufacturing by site ,731 (-19.4%) Marque No. manufactured Leyland Trucks Leyland Optare Bus Leeds 43,567 11,869 Wrightbus Ballymena Dennis Eagle Warwick Land Rover Light 4x4 Solihull 11,399 1, MINI Van Oxford Alexander Dennis Guildford IBC Van + minibus Luton Source: SMMT PIE data THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 7

8 UK engine manufacture by site ,394,668 (-6.2%) Marque No. manufactured Bentley Crewe Nissan Sunderland 1,533, ,385 Toyota Deeside BMW Hams Hall Ford Bridgend JLR i54 Honda Swindon Ford Dagenham Source: SMMT PIE data 226, , ,638 10,614 N/A THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 8

9 Volume / millions UK automotive manufacturing strengthening 2.5 UK car manufacture (1970-present) 2020 target +2.0m peak 1.9m 2014 results 1.52m Car manufacture Forecast 2015 target 1.59m Source: SMMT PIE data SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 9

10 European production snapshot THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 10

11 Production Outlook: 2015 and beyond Core European production (without Russia) should reach 19.2m in 2015, 19.5 in 2016 and over 21m by 2019/20 Germany will remain powerhouse of European production, with production close to 6mn upa Spanish production to exceed 2.6m upa consistently from 2015 on back of record investment UK car and LCV production on target to exceed 2m by 2018 UK car production now exceeds France (France produces many more vans than UK) this pattern will continue Further production growth in Turkey, Hungary, Czech, Slovakia and UK Netherlands and Poland growing steadily over next 5 years SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 11

12 UK Car Exports in % in favour of staying in the EU + reform EU Russia China US Others THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 12

13 UK new car registrations - Millions EU 27 new car registrations - Millions Strong domestic market supporting UK industry New car registrations (UK/EU27) UK 2.476m +9.3% (2014) EU 12.5m +5.5% (2014) UK target 2.555m (2015) UK (left-hand axis) EU27 (right hand axis) Source: SMMT registration data; ACEA registration data THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 13

14 Volume / millions UK manufacturing supported by a strong domestic market 2.47m cars registered in UK in 2014, highest level since European Passenger Car Registrations +2.8% +8.5% +0.3% +4.1% +15.5% DE UK FR IT ES UK top 10 best selling cars (2014) 1. Fiesta 131, Focus 85, Corsa 81, Golf 73, Astra 59, Qashqai 49, Polo 48, Series 45, , Juke 39,263 Source: ACEA Source: SMMT data SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 14

15 Agenda Agenda 1. Industry overview and current landscape 2. Opportunity for suppliers 3. Opportunities through SMMT THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 15

16 UK manufacturing going from strength to strength Ford: 25m Bridgend engine plant Toyota: 100m New hatchback Nissan: 250m New Infiniti Vauxhall: 125m New Astra MINI: 250m Production triangle Bentley: 800m New SUV model JLR: 500m New engine plant Aston Martin: 20m Gaydon THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 16

17 New UK facilities new Jobs 20m 70 jobs New Foam Plant in Sunderland New Plant in Northampton 220 new jobs 23m 500 jobs New Exhaust Plant in Wales New Plant in Kidderminster THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 17

18 2015 investments JLR: 600m Castle Bromwich & Whitley THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 18

19 Opportunities for UK-based suppliers Discovery Sport announcement in October 2014 was accompanied by award of 3.5bn of business to 55 UK suppliers over life of contract Similar values confirmed in 2015 for Jaguar XE and F-PACE Astra providing 1.4bn lifetime boost to supply chain Expansion of engine production by Ford offers major potential for suppliers Significant recent investment by major tier 1s on back of this and export business: Borg Warner, Calsonic, Cosworth, Gestamp, Getrag, Lear, Plastic Omnium, Tenneco and TRW have all recently announced UK investments or expansion Automotive Investment Organisation secured c180 automotive projects in first two year of operation, creating or securing c11,500 manufacturing jobs; more to follow. SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 19

20 UK push to be central to the Connected and Autonomous Vehicle Estimates suggest by 2030 the technology could deliver the UK: 25,000 fewer serious road traffic accidents 51bn boost to the UK economy 320,000 more jobs UK well positioned to be a first mover: Regulatory framework 100m R&D allocation New Centre for Connected and Autonomous Vehicles SMMT held SMMTConnected event and established the Connected and Autonomous Vehicle (CAV) Forum Report available on the SMMT website THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 20

21 Agenda Agenda 1. Industry overview and current landscape 2. Opportunity for suppliers 3. Opportunities through SMMT THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 21

22 1. Opportunities to deliver supply chain development Meet the Buyer 2015: 12 th May, London To promote and encourage sourcing from local (UK) suppliers delegates 240 organisations ~ meetings 70 exhibitions 22 Confirmed buyers Invitation only event 70 exhibition stands 330+ companies expressed interest Confirmed buyers include: Adler Pelzer Aisin Europe Bentley BorgWarner Turbo Systems Brose BWI Group CAB Automotive Calsonic Kansei Case New Holland Faurecia Ford Europe General Motors Grupo Antolin Hitachi Automotive Systems Honda UK Manufacturing Jaguar Land Rover Mazda McLaren Automotive Nissan Peugeot Citroen Sears Manufacturing SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 22

23 1. Opportunities to deliver supply chain development Meet the Buyer 2015: Commodity List *Full listing inc. R&D new technologies on SMMT website 1. Powertrain Bearings, cooler pipe, driveshafts, engine accessories, fuel tank 2. Body Aluminium extrusions, glass, hinges, light weight materials 3. Chassis, braking, steering and suspension Alloy wheels, brake systems, steering systems, shock absorbers 4. Interior and exterior Carpets, mirrors, trim, lighting, premium finishes 5. Electrical and electronics Seat heaters, sensors, harness connectors 6. Processes and tooling Forging, injection moulding, tool design, machined parts, stampings SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 23

24 1. Opportunities to deliver supply chain development Regional Meet the Buyer Working with local/regional bodies to create event series. Designed to deliver against OE/Tier 1 demands. Increases supply chain visibility and accessibility in both directions. Events based on commodity need intelligence meetings Industry speakers Seminars Technology showcase SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 24

25 2. Opportunities for profile raising and increasing brand awareness Events: Exhibitions & attendance Affordable exhibition space with targeted automotive audiences. Multiple events throughout the year, across the country. +50% discounts on exhibition space for members Free admission for SMMT members* SMMT Events Include: Open Forum (Biannual) Meet the Buyer SMMT Connected Regional Meet the Buyers SME Roadshows CV Show CV Test Days SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 25

26 2. Opportunities for profile raising and increasing brand awareness Open Forum Bi-annual event Midlands based +300 senior delegates from across the industry High profile key note speakers providing insight on upcoming trends and industry activities Affordable exhibition opportunities SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 26

27 More opportunity coming on stream SMMT has launched EOI for its latest Meet the Buyer: To take place 8 th June at Automechanika Birmingham Set to be the largest yet 7-9 June 2016, NEC Automechanika Birmingham key facts: Unprecedented level of demand for exhibition space Halls 9, 10 and ,000 visitors expected +350 exhibitors expected Coverage of all aspects of the automotive supply chain from OE to aftermarket. THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 27

28 Opportunities for profile raising and increasing brand awareness Marketing opportunities Weekly Circulars reaching 4,700 people. Centralised social media platform. +6,800 followers on Twitter. +1,850 followers on Linkedin. Monthly newsletters containing member case studies and good news stories with a readership base of ~4,000. SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 28

29 International business support 2015 SMMT international presence +15 shows scheduled for 2015/16 UK Pavilions Trade missions Funding support Facilitated introductions 750 event fee waivered for SMMT members SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 29

30 Industry engagement and representation Providing a safe and secure forum Opportunities to discuss common issues and opportunities. Share best practice. Network, collaborate and form partnerships. Be seen to be an active and involved member. Using our influence Over 100 member groups. Influence legislation, shape UK and EU policy. SMMT lobby on behalf of its members. SMMT commission independent reports based on member discussions. SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 30

31 2. Trade Trade sections and and committees Automotive Components Section (ACS) The ACS represents over 200 supply chain companies from Tier 1 through to Tier n. The committee is chaired by Prof. Jon King, Tata Steel. The ACS meets four times a year to discuss relevant issues and recent developments affecting the UK supply chain. The majority of ACS meetings are hosted by member companies based in the West Midlands. Premila Glover Automotive Components Section Manager pglover@smmt.co.uk Main activities Provides opportunity for supply chain companies to raise, discuss and tackle common issues. Through representation on committee and working group level, ACS feeds directly into: SMMT Supply Chain Group Automotive Council Supply Chain Group SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 31

32 2. Trade sections & committees 2. Trade sections and committees SMMT Supply Chain Group (SCG) The SCG brings together the purchasing directors from all the major OEMs based in the UK such as Aston Martin, JLR and General Motors, with representatives of the 50 largest Tier 1 suppliers with a UK manufacturing presence such as Aisin, Calsonic Kansei and Robert Bosch. The SCG provides a regular forum for information dissemination, discussion and networking. The aim of the group is to create a forum between the OEMs and major Tier 1s to help create a stronger UK automotive sector. Luke Hampton Supply Chain Development Manager lhampton@smmt.co.uk Main activities Discussion of current and future policies affecting the industry influencing SMMTs position and activities. Provides opportunity for OEMs and Tier 1 suppliers to raise, discuss and tackle common issues. Dissemination of information and updates on key Automotive Council work streams. SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 32

33 2. Trade sections & committees 2. Trade Trade sections and and committees Innovation & Engineering Group (IEG) The IEG is open to SMMT member companies that have qualified designers, developers, consultants and/or engineers: who can undertake internal assignments, and/or provide a service to clients Main activities It brings together companies ranging from OEMs to design houses to: David Wong Technology & Innovation Manager dwong@smmt.co.uk Provide a service to clients. Discuss common issues. Share best practices. Network. Source and share sector-specific information and insights. Explore and discuss innovative ideas. Identify public funding opportunities for collaborative and R&D projects. SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 33

34 2. Trade sections & committees 2. Trade Trade sections and and committees Connected and Autonomous Vehicle (CAV) Forum The CAV Forum brings together SMMT members and a community of stakeholders from government and key adjacent industries closely involved in the development and advancement of connected and autonomous vehicles to accelerate conversations, collaborations and partnerships. Main activities Address the four overarching challenges of technology, policy, behavioural issues and business models. David Wong Technology & Innovation Manager dwong@smmt.co.uk Facilitate sector specific information and insight sharing. Inform and influence CAV policy and strategy regarding regulations, technical legislation and standards. Identify funding opportunities and facilitate potential collaborative projects. SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 34

35 Insight & opportunities European Car & LCV Production Outlook report inc. UK supply chain opportunities Free for SMMT members 4,592 +VAT for non members SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 35

36 Vehicle data Production International Exchange & Export International Exchange Reports Comprehensive data on UK vehicle and engine manufacture by: Make Model Site Export market Updated each month Includes historical data Available to multiple users SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 36

37 2. Data 2. Vehicle Vehicle data data MVRIS Monthly reports. New registrations Car market segment and sales type (private, business, fleet). Commercial Vehicle specific body type. Cars, LCVs, HGVs, Buses & Coaches by detailed model variant. Motorparc Service covers all the 37 million vehicle in UK parc. Tailored reports inc. model variant and age (body type, transmission & CC); postcode district; etc. SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 37

38 Access to Finance Funding & support Comprehensive guide of +100 key sources of funding, finance and business support. European, national and regional schemes. Updated on a quarterly basis. R&D tax credits First introduced in 2000 by government to encourage businesses to innovate and develop new products and services in the UK. Two schemes: SMEs and large companies Climate change agreement 90% discount on CCL electricity and 65% on gas Only specific processes eligible SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 38

39 Building competitiveness Discounts on training and development Provided through SMMT Industry Forum Consulting, interim, training and audit Webinars and in-house and open training courses on Automotive Core Tools Global management Systems Continuous Improvement TS VDA 6.3/6.5 MMOG-LE Total Productive Maintenance (TPM) ISO:9001 & TS16949 SMMT members receive 10% discount SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED PAGE 39

40 Thank you THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS LIMITED SMMT, the S symbol and the Driving the motor industry brandline are trademarks of SMMT Ltd