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 […]
Hauliers will be faced with a major training challenge if the UK quits the customs union, CEVA Logistics’ executive director Leigh Pomlett has warned MPs.
From 1 January, standard O-licence holders will be required to demonstrate an increased level of financial facilities, after the drop in the value of value of the pound following the EU referendum.