The UK’s automotive supply chain faces a huge shock in the event of a no-deal Brexit, warn associations

UK car production
 

A no-deal Brexit will cause “massive logistical problems” in the automotive supply chain, with manufacturers facing a choice of either absorbing significant rising costs in the movement of vehicle parts or passing them on. The warning from vehicle makers came as negotiations at the latest European Council Summit failed to lead to progress. The European Automobile Manufacturers’ Association (ACEA), which represents companies such as DAF, Daimler, Volvo and Iveco, said a no-deal scenario would have a far-reaching impact and that […]