A reduction in import tariffs for new trucks in the event of a no-deal Brexit will still cripple UK haulage, according to manufacturers and trade associations. The Department for International Trade (DIT) said that following discussions with industry and consumer groups, it had cut a planned 22% tax on HGV imports to 10%, bringing it into line with the car industry. The DIT said the lower tariffs would strike a better balance between the needs of British producers and the […]
Avoid a no-deal Brexit or face “devastating” trade and job losses, automotive industry warns EU and UK negotiators
Twenty three European automotive industry leaders are calling on the EU and UK to “pull out all the stops” to avoid a no-deal Brexit and secure a free trade agreement (FTA) or face “devastating” trade and job losses across the sector.
Trailer manufacturers and dealers are warning of a “trailer drought” in the UK ahead of the Black Friday and Christmas peaks, with prices for second hand trailers reaching unprecedented levels.
UK international hauliers and their customers could face a two-tier UK customs system, post-Brexit, which will prioritise larger importers, leaving smaller importers and their logistics partners facing slower customs clearance and higher prices.