BMW AND BOSCH BOARD MEMBERS ADDRESS SMMT SUMMIT
SMMT International Automotive Summit, 12 June, Canary Wharf – Today, Board Members from BMW and Bosch addressed a 250-strong audience of the automotive industry’s most influential leaders, meeting to discuss the key issues effecting the future growth of the sector at the UK’s most high-profile industry Summit.
The SMMT International Automotive Summit will feature more than 40 speakers from automotive, academia, government, new technology, social media, retail, supply chain and the finance community. Leading figures from these sectors will concentrate on the future potential of UK automotive, challenges to be addressed and how to capitalise on changing trends in technology and consumer preferences.
Keynote speeches started the day, with BWM’s Ian Robertson and Bosch’s Peter Tyroller addressing capacity crowds:
Dr Ian Robertson (HonDSc), Member of the Board of Management of BMW AG, Sales and Marketing BMW:
“BMW manufacturing follows major sales markets, the UK is BMW Group’s fourth largest global market and as such, we will continue to invest in our operations the UK. CO2 legislation is set to have a massive effect on the automotive industry and BMW will build new three-cylinder engines for its all-new i8 hybrid sports car in the UK at Hams Hall.
“The UK industry is going through a very strong period, boosted by encouraging industry and government collaboration. While government is working to rebalance the economy to manufacturing, we can’t afford to be complacent if we are to ensure longevity.”
Peter Tyroller, Member, Board of Management, Robert Bosch GmbH:
“We need a balanced approach with regard to CO2 legislation to ensure Europe remains competitive in the global automotive industry. While electric and hybrid vehicles are certainly an important part of our future, internal combustion will play a major role for years to come. Bosch recognises the expertise of UK engineers across all technologies and has plans to dedicate more resources to development and engineering services in the UK.
In addition to these industry keynote speakers, the SMMT Summit will close as Business Secretary Vince Cable describes how government is committed to supporting the sector and ensuring sustained growth.
Ahead of the Summit, SMMT announced that UK car manufacturing could surpass the 1972 record of 1.92 million cars produced, with over two million units rolling off domestic manufacturing lines in 2015.