Automotive
Swift Precision are a key UK Automotive Sector supplier – part of 2000+ automotive suppliers in UK, £4Bn added value supply chain, 80% of components in a car can be made in UK, 78,000 people employed in UK supply chain , 18 of the world’s top 20 automotive suppliers with a UK base
The automotive industry is a vital part of the UK economy accounting for more than £71.6 billion turnover and £18.9 billion value added.
With some 169,000-people employed directly in manufacturing and in excess of 814,000 across the wider automotive industry, it accounts for 12.0% of total UK export of goods and invests £4 billion each year in automotive R&D.
More than 30 manufacturers build in excess of 70 models of vehicle in the UK supported by more than 2,000 component providers and some of the world’s most skilled engineers.