Car production does continue in Coventry, although for how long is a matter of much speculation. Along with many other cities that have seen their manufacturing base eroded over recent years, Coventry has attracted some service industries to the area to provide alternative jobs. Since opening in 1941 it has become the main veneer production plant for Jaguar cars, as well as having its head offices and heritage centre. It currently has contracts for braking systems to BAE, Lockheed-Martin and the Airbus A380 aeroplanes. Parcel Force has its national depot at Coventry whilst TNT, DHL, ANC and UPS all have depots in the city employing several hundred people in all.

The reason that Coventry was so heavily targeted during the war was its industrial base in munitions and military vehicle production. Although currently owned by the Ford Motor Company, Jaguar has its corporate headquarters in a production facility at its Browns Lane site in Allesley. As well as the textiles industry, Coventry was, up to the mid 19th century, the centre of watch-making in the UK. Another international telecommunications company - Cable and Wireless - has its UK training centre in the business park at Warwick University, on the outskirts of the Coventry.

Many workers went on to find employment in the rapidly developing bicycle manufacturing businesses, which at his time employed nearly 40,000 people in Coventry alone. One of the most familiar sites in all major UK towns and cities is the famous black cab or Hackney taxis. In total, Jaguar employs over 2500 people in the city. During its heyday in the early 1800s it employed over 75,000 people and was making 200,000 watches a year. Formed by the amalgamation of two companies and now owned by AGCO, Massey-Ferguson is one of the best known manufacturers of farm tractors in the world.

Ericssons is a telecommunications company with premises in the New Century Park, not far from the city centre. These are made by the LTI company who are based at Holyhead Road in Coventry. Whilst several small textiles companies remain in Coventry it is currently best known for its Courtaulds factory and bldc motor suppliers the development the Grafil carbon-fibre that is used in sports and automotive equipment and Tencel - the cellulose fibre made from wood-pulp. Having played an important role in the UK motor industry for many decades with such illustrious names as: Hillman, Standard, Rolls Royce and Triumph - cars, motor-bikes and pedal cycles. Coventry city council is currently securing inward investment to attract new businesses to replace those that have disappeared or are in decline.