Tag: SMMT

Paul Philpott Named SMMT’s 84th President
Industry & Business, News

Paul Philpott Named SMMT’s 84th President

The Society of Motor Manufacturers and Traders (SMMT) has announced Paul Philpott as its new president, effective January 1, 2026. Philpott, currently the President and CEO of Kia UK, will succeed Mick Flanagan after a two-year tenure.Key TakeawaysPaul Philpott becomes SMMT's 84th president from January 1, 2026.Mick Flanagan steps down after completing his two-year term as the association’s leader.The automotive industry faces significant challenges including zero-emission transitions and legislative changes.Philpott's appointment marks a new era for SMMT, bringing with it 37 years of experience in the UK automotive sector. His career began at Ford of Britain before he moved to Toyota GB and later joined Kia UK as Managing Director in 2007.As president of Kia UK since 2021, Philpott has ov...
UK Automotive Trade Association Seeks Government Support to Boost Sector Growth
Industry & Business, News

UK Automotive Trade Association Seeks Government Support to Boost Sector Growth

The UK automotive industry is urging Chancellor Rachel Reeves to bolster the government's Modern Industrial Strategy, aiming to restore vehicle manufacturing capacity to 1.3 million units by 2035 from a forecasted output of around 700,000 passenger cars this year.According to GlobalData, UK car production has dropped significantly since its peak in 2018 when it reached an annual total of 1.5 million vehicles. The Society of Motor Manufacturers and Traders (SMMT) is calling for an annual Autumn Budget statement that would support the sector as a hub for advanced manufacturing investment.The SMMT highlights recent government commitments, including the £2.5 billion fund to boost innovation, productivity, and inward investment in the automotive industry. Additionally, landmark trade deals with...