Elon Musk doesn't seem to hold Apple in very high regard anymore. In the past month he suggested Apple was the "Tesla graveyard" and revealed what he thought of former CEO Steve Jobs upon meeting his for the first time.
Recently BBC News quoted former Volkswagen president and now head of the Coventry and Warwickshire Local Enterprise Partnership, Jonathan Browning, as saying foreign investment was key to the region’s spectacular recovery – something that has lead to the lowest unemployment rate for 30 years and the region becoming the "brains" of the UK vehicle industry.
Independent car auctioneer SMA Vehicle Remarketing has credited ongoing investment in its auction centres and its foray into technology for driving turnover. To paraphrase its own strapline: the company is getting bigger and this has only been achieved by being better.
Britain's automotive industry is still going strong. In 2014 the UK built over 1.6m cars and 2.5m engines, of which exports accounted for 80 per cent of production. With the nation being the second largest producer of premium cars in the world, the opportunity for automotive suppliers to invest in the UK has never been more valuable, offering local sourcing of components that UK vehicle makers require.