Business Growth
As the UK's leading premium automotive business, we're proud to make a significant contribution both to our industry and to the national economy. We're the country's only volume manufacturer of luxury vehicles, as well as being its largest investor in automotive R&D and engineering. We support two engineering facilities and two design studios, and we contribute over £3 billion a year to the UK economy. Naturally, we continue to create new jobs.
But our impact really is global. And so is our future. 75% of production from our three UK plants is exported, generating revenue in export markets alone of around £8 billion in 2010 - a year in which our global retail sales rocketed by 19%. Net revenues are up by over 50%, and 2010 was also a year in which we won over 80 awards. With an incredibly diverse and enticing product mix, and strong margins in our growth markets, we're in an enviable position to achieve our ambitious future plans.
Across our many exciting strategies for ongoing growth worldwide, you'll see that advanced design, engineering and technology will remain at the heart of everything we do. A diverse range of new models, vehicle lines, engines and technology will improve our penetration in key markets and segments. For at least the next five years, we'll spend around £1.5 billion annually on product creation - keeping more than 4,000 engineers and designers very busy. We'll also accelerate innovation by investing £100 million in an advanced research facility at Warwick Manufacturing Group. In other words, with even more opportunities for growth, we'll continue to be your ultimate destination.
Click here to read our annual report.