However hard or soft Brexit turns out to be in March 2019, the uncertainty the government’s handling of the process has created is already damaging the UK truck market. Commercial vehicle rental and contract hire firm Ryder manages almost 20,000 assets in the UK and in the first nine months of 2018 it bought over 550 new rental vehicles. “Are we buying any more rental trucks before Brexit?” asks David Hunt, pictured, vice president and MD of Ryder Europe when […]
The UK’s automotive supply chain faces a huge shock in the event of a no-deal Brexit, warn associations
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 FTA has warned that the supply chain is “set to disintegrate” if the status of European workers within the UK’s logistics sector is not settled as part of the ongoing Brexit negotiations.