INSIGHTS - OCTOBER 2024

UK Motor Industry

UK Motor Industry Information

The car industry involves the manufacture of motor vehicles for transporting passengers or freight, various parts and accessories, as well as the manufacture of trailers and semi-trailers

Active Businesses

3,531

Annual Sales

£79bn +

Employees

179,306

Economic Contribution 

£16bn

Tags

Location of Motor Companies

Motor Companies by Size

63% Micro

25% Small

5% Mid

4% Large

2% Mega

Motor Companies by Age

29% Startup

27% Young

22% Mature

20% Established

3% New

Fastest Growing Motor Companies

35% Declining

23% Healthy

17% High

15% Rapid

10% Low

Motor Industry Competitive Environment - New Entrants vs Leavers

Motor Industry Valuation

EBITDA Multiple

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Motor Industry Valuation

Turnover Multiple

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Motor Industry Valuation

Net Asset Multiple

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Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Manufacture of motor vehicles, trailers and semi-trailers Industry Insights

There are 3,531 active Businesses in the UK with combined annual sales of £79 billion .

The Industry employs around 179,305 people and contributes £16 billion to the economy.

The most popular location for Motor companies is West Midlands with 602 and the fewest are located in Northern Ireland with 77.

The largest Motor company is Jaguar Land Rover Limited with a turnover of £25.7bn. 63% of the industry is comprised of Micro companies with only 5% Mid companies.

20% of the Motor Industry is made up of 20% Established but the majority are Startup businesses (29%) the oldest company is Vinters Engineering Limited founded in 1867.

Motor industry has a number of high growth companies (15%), the fastest growing company is Multimatic U.k. Limited with a 3 year growth rate of 199%. Other fast growing companies include Hofer Powertrain Products Uk Ltd. (118%), Pneuride Limited (117%) and Autocraft Machining Solutions Ltd (94%).

The UK Motor Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 6.84x, Turnover multiple of 0.70x and a Net Asset multiple of 2.10x.