Regional Development Agency Support

Mick Laverty Chief Executive – Advantage The West Midlands and automotive

• Headline Figures – 115,000 people employed – Over 1,500 companies registered as auto suppliers – Turn over approximately £13 billion per annum

• Vehicle Manufacture – Large volume - LDV, JLR, JCB – Niche Vehicles – Morgan, Westfield, Microcab, The West Midlands and automotive

• Automotive R&D – Company Technology • Ricardo, , Zytek – University expertise within region • Unique understanding of automotive cluster • Applied technology and results driven – Warwick Manufacturing Group

• Global Suppliers – 17 tier 1 suppliers such as GKN, Denso, TRW, Stadco Achievements

• Supply chain: – Using Accelerate and the Manufacturing Advisory Service – Diversify – Improve Quality, Cost, Delivery – Collaborate with Vehicle Manufacturers and Tier 1s

• Premium Automotive Research & Development (PARD) – £80 million of bottom line value add – £30 million of additional R&D The Future: regionally

• Low Emission Vehicles – light weighting centre of excellence – new (including electric) power trains

• Intelligent Transportation Systems – development & test centre

• Niche Vehicles – a growth market

• Supply chain growth The Future: nationally • Supply Chains do not stop at regional boundaries

• Partner with other regions to exploit automotive sector expertise

• Partner with and create industry networks

• Work with government to maximise public investment

• Immediate focus on TSB’s national Low Carbon Vehicle programme Summary

• Advantage West Midlands is working to: – Maintain and grow Global Position for our regional companies – Support the UK achieve the same as this can only be beneficial to the West Midlands – To achieve this we need industry to lead as it is you who know what are the market failures Regional Development Agency Support

Mick Laverty Chief Executive – Advantage West Midlands