Following on from our initial Gearing Up Report, Innovacion and The Smith Institiute have been commissioned to complete a detailed investigation of finance issues affecting the automotive supply chain for the Society of Motor Manufacturers and Traders (SMMT). Reporting by May 2012 the study will investigate: how well the current supply chain finance products fit with the needs of the vehicle manufacturers (VMs) Tier One suppliers and other suppliers; are there particular issues for firms looing to finance tooling costs; and are other financial products needed in addition to recent Government initiatives and the current product offers from the bank and non-bank sector.
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