24 July 2018

A New Industrial Age for Automotive?

Automotive Engineering Industry Insight Sector Insights Sectors
Despite a modest drop in 2017, the automotive industry is enjoying a period of sustained buoyancy in the UK, (latest figures reveal it turned over £77.5bn in 2016). It’s also a massive employer. But could a new industrial age be dawning for the automotive industry?

The Society of Motor Manufacturers and Traders’ (SMMT) 2017 UK Automotive Sustainability Report shows that almost 110k people work in the industry right now – equating to a year-on-year increase of 11.9 per cent – while a further 814,000 are employed in roles that are dependent on the sector. Staff turnover is fairly low, at five per cent, suggesting that many people remain in the industry for life.

It’s unsurprising, therefore, that the report identifies human capital as key to the sector, and as such, it’s imperative that employers create a long-term, holistic skills strategy to maintain growth through this current period of incredible change. Change otherwise known as the Fourth Industrial Age.

What does i4.0 mean for the automotive industry?

Our whitepaper looks at the impact of the Fourth Industrial Revolution on the sector – specifically how it will affect automotive jobs and existing workforces, and what employers need to do in order to ensure the ongoing success of the business (such as an awareness of the new, in-demand automotive skillsets you’ll need).

You can find our whitepaper by clicking on the image below > 

To discuss the whitepaper further or talk to our Automotive Team about talent attraction and recruitment requirements, please get in touch.

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