The government-backed £13m Long Term Automotive Supply Chain Competitiveness (LTASC) fund drove £41m private investment into UK supply chain. 27 companies used the LTASC programme to boost their long-term competitiveness and 3,200 jobs were either created or safeguarded.
NMCL Automotive will start later in 2018, benefiting from £16m funding via the Automotive Sector Deal.