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Britain’s Auto Industry Demands Favorable Brexit Deal

Britain’s Auto Industry Demands Favorable Brexit Deal. “Critical questions remain unanswered. With the industry’s competitiveness built on Just-in-Time deliveries, companies cannot afford any supply chain delays so clarity is vital,” Britain’s auto industry painted a bleak picture of its future if the country fails to agree a free-trade deal with the European Union (EU), saying […]

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EU, British Auto Makers Say Free Trade Deal Failure Will Cost $130 billion

EU, British Auto Makers Say Free Trade Deal Failure Will Cost $130 billion. “ONS data shows WTO might not be a disaster for U.K. Auto” The European Union (EU) and Britain must urgently seal a free-trade trade deal because failure would cost Europe’s automotive industry about €110 billion ($130 billion) in lost trade over five […]

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Brexit Finally Happening, But Investment Awaits Clarity

Brexit Finally Happening, But Investment Awaits Clarity. “There are carmakers waiting for concrete details on future trade to make decisions over their U.K. operations” Automotive manufacturers operating in Britain were relieved that the Conservative Party’s victory at the election on December 12 indicated that the long controversy over Brexit might end soon, although they probably […]

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Brexit Worries Mount As Deadline Nears

Brexit Worries Mount As Deadline Nears. “While we don’t comment on speculative scenarios, our plans for Qashqai production in Sunderland have not changed” The automotive industry continues to be concerned over the possible impact of Britain’s departure from the European Union (EU), and unconfirmed media reports suggesting the U.K.’s industry could be decimated if it […]

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UK Auto Industry Spooked By Possible “No-deal” Brexit

UK Auto Industry Spooked By Possible “No-deal” Brexit. “As the Brexit clock ticks ever closer to midnight, this survey reveals the bleak future that awaits this vital sector in the event of ‘no-deal’” The automotive industry in Britain is getting increasingly nervous that as Brexit negotiations with the European Union (EU) reach a climax, they […]

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