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. The group, which includes the European Automobile Manufacturers Association (ACEA), the Society of Motor Manufacturers and Traders (SMMT) and the German Association of the Automotive Industry (VDA), warned this week that a no-deal Brexit will cost the pan-European automotive […]