Letter From The UK: What Happens To Our Car Industry Now"
The Brexit debate continues with more questions than answers.
Threats of tariffs loom for an industry already experiencing a slowdown.Â
Geoff Maxted of DriveWrite Automotive Magazine examines in this Letter From The UK.
Over the last few days, the British public has watched open-mouthed at the antics of their elected representatives in the UK parliament. With just a couple of weeks to go before our nation leaves BY LAW (unless the government passes new legislation or comes to some form of agreement in the meantime), the unseemly meleé over Brexit among both government and opposition political parties makes you wonder about the future of democracy itself in Great Britain. The weak vacillation, the posturing and, yes, the lying has had a devastating effect on industry; generally and specifically on our car manufacturers who simply have no idea which way to turn. Right now, thanks to European free trade, cars and component parts move freely in both directions, but what happens if borders start to impose tariffs which could be the case in the event of ?no deal? Brexit departure. Our motor industry has been consistent and united in the view that a ?no deal? Brexit would have a devastating impact on the sector, and the hundreds of thousands of jobs it supports.
Some commentators argue that it will be all right in the end, but it probably won?t.
The Hard Truths
Some say the car industry shouldn?t worry about leaving the EU with ‘no deal,’ yet the reality is that...
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