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The economic importance of the motoring industry – utmost

Well, there you have it; yet more evidence that the motoring industry should be given a break from fuel duty rises – it is simply vital to our economy, senior transport reps and MPs agreed this week.

Just weeks after The Fuelcard Company launched its petition for the Government to support the transport industry and lower fuel duty for CV drivers, key influencers from across the automotive sector have met with new MPs at the House of Commons to discuss the vital economic role the motoring industry plays.

Directly, the automotive industry employs more than 800,000 people; this figure doesn’t include the thousands more who rely on it for their livelihoods.

More than 200 attended the reception held on Wednesday (21 July) organised by the Society of Motor Manufacturers and Traders (SMMT) and hosted by the All-Party Parliamentary Motor Group.  Among a range of issues discussed, the event looked at the importance of encouraging new talent into the sector, and the opportunities for growth in coming years, namely in the shape of low-carbon vehicles.

SMMT Chief Executive Paul Everitt said: “I am extremely proud of what the UK motor industry has achieved, not just its strength and resilience during the last two years but the way it has adapted and transformed itself during the last two decades. “
Mr Everitt was joined by McLaren Automotive’s executive chairman, Ron Dennis CBE, and Chair of the All-Party Parliamentary Motor Group, Richard Burden MP, who also offered their messages of support.  Ron Dennis particularly noted the talent and skill present in the UK engineering sector.

With this cacophony of support for the motoring industry, we want to see this translated into positive, definite actions by the Government, such as a cap on fuel duty rises.  Fuel duty hikes would no doubt put a dampener on the positive mood felt at the reception, and make further development a struggle for many businesses.  Also sign and support our campaign and receive regular updates by following us on Twitter or/and joining our Facebook group

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