Letter From The UK: Car Production In Crisis - f1 cars motor MotoGP Blogs

Letter From The UK: Car Production In Crisis



As production thins from an ongoing Brexit debate, the future looks uncertain.
How will the auto industry in the UK weather the current storm; is there a silver lining"     
Geoff Maxted of DriveWrite Automotive Magazine examines in this Letter From The UK.

With the industrial problems of the 20th Century long forgotten, it seemed as if Great Britain had secured a strong and burgeoning future for the car industry with the likes of Nissan, Toyota, and Honda among the foreign brands building cars in the UK. Alongside them are Mini, Rolls-Royce, Bentley, Jaguar Land Rover and Vauxhall, despite this latter group being original British brands but now all foreign owned these days; but the cars are at least still made in Britain. Things were looking good and jobs seemed secure. Then we had the Brexit vote.
Drop In Production: The Brexit Quagmire
Sadly our politicians and their European counterparts had other ideas. We are, like a man trapped in quicksand, now firmly stuck in the gloopy Brexit quagmire of confusion and uncertainty. It?s had a knock-on effect too: Official figures show UK car output fell 14 percent in March of this year. Only 126,195 cars were made. That?s the 10th consecutive monthly drop, thanks to the combined issues of a slowdown in foreign markets like China, and of course the Brexit insecurity, whether justified or not.
Not for the first time, the industry has repeated its warning that the sector stands to suffer a lot more if the country leaves t...
Source: automoblog
URL: http://www.automoblog.net/

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