The UK automotive is a vital part of the UK economy and typically generates more than £55 billion in annual turnover, delivering around £12 billion in net value added to the economy.
The industry is the UK’s largest sector in terms of exports by value, for instance, in a typical year, the sector exports to over 100 markets worldwide and accounts for around 11% of total UK exports.
The news that car manufacturing in the UK has hit a six-year high of 1.5m vehicles, and that engineering firm Dyson plans to hire 3,000 engineers by 2015, has once again brought the issue of skill shortages in the UK’s manufacturing and engineering sectors to the fore. The growth of UK industry is obviously fantastic news but rapid progress like this presents significant challenges when it comes to workforce planning.
Cordant is proud of their long-standing automotive recruitment expertise and state-of- the art automotive candidate database. Cordant’s consultants concentrate upon a specific geographical area in the UK, which consequently allows them to gain specific knowledge to fully comprehend the local requirements for the motor industry in each region of the UK. Our clients depend on our industry leading research; we fully appreciate the technical skills and specialist nature of the automotive sector.
Firms in the UK have built reputations for quality and engineering excellence but if the industry fails to address the skills shortage then labour costs will continue to rise and the automotive industry will face fierce competition for talent. Given the level of demand in the automotive industry sector in the UK, it is concerning that the UK does not have the resources to deliver the engineering excellence that is expected from investors.