No-deal Brexit will bring “massive disruption” to automotive sector, EU manufacturers warn

UK car production

A no-deal Brexit will have a “severe” impact on the automotive sector, raising prices for customers and disrupting the industry’s just-in-time operating model, EU automotive organisations warned this week. In an unprecedented joint statement, 23 automotive associations from across the EU warned of the “devastating” impact a no-deal Brexit will have on the sector. It said: “The UK’s departure from the EU without a deal would trigger a seismic shift in trading conditions, with billions of euros of tariffs threatening […]