In his final speech as SMMT president, Nigel Stein, chief executive of GKN, highlighted a successful year from UK automotive, set against a difficult economic environment in large parts of the rest of Europe. He also announced SMMT’s new President, Tim Abbott, managing director of BMW Group UK, who will take over the role in January 2013.
In his speech, Stein highlighted key achievements for an industry which has seen over £6bn committed investment in the last two years. This has helped to maintain the UK’s position as a leader in the transition to ultra-low carbon vehicles during challenging economic conditions.
“I am proud of the progress we have seen in the last two years while I've been SMMT President and I am pleased to say that the Society is in a strong position. SMMT is recognised as one of the most influential trade associations in the UK.” said Stein “While 2013 continues to look challenging, especially for those of us with European markets, our job is to build on the excellent work that has put us in the best position for decades and to take the sector to the next level.”
Speaking about his appointment, Abbott said, “I am honoured to succeed Nigel as President. Under his leadership the SMMT has done an excellent job in promoting the industry, especially the supply chain, ensuring it receives the recognition it deserves as an important contributor to the UK economy.”
Assisting Abbott two additional Vice Presidents, who were also announced last night. They will be Mark Ovenden, managing director, Ford of Britain and Gareth Jones, managing director of ebm-papst Automotive & Drives UK Ltd.