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Stellantis, which also owns Citroen, Peugeot and Fiat and employs more than 5,000 people in the UK, says its UK investments were in the balance due to terms of Brexit trade deal.
British rice milling industry faces wipe-out from part of a trade deal being discussed with India. First proposed by Boris Johnson, it is also predicted to raise consumer food prices and break UK limits on pesticides.
The government has no plan to save a vanishing sector.
The current Brexit deal is “unrealistic and counterproductive” for electric car manufacturing and needs to be changed, Jaguar Land Rover (JLR) has warned.
Carmaking giant urges UK government to renegotiate rules to avoid expensive tariffs.
Brussels unwilling to reopen the Brexit deal negotiated by Boris Johnson, but could consider ‘technical’ changes, i understands.
Rishi Sunak’s government is lobbying the EU to delay a change in manufacturing rules in the Brexit trade deal after the owner of Vauxhall warned it could shut its UK factories.
The UK is accused of being ‘asleep at the wheel’ when it comes to industrial policy around new electric car and battery tech.
Stellantis warned post-Brexit trading arrangements risk its operations in the country. / “If the cost of EV manufacturing in the U.K. becomes uncompetitive and unsustainable, operations will close,” it said. / Rules of Origin requirements on batteries and EVs are due to be scaled up in coming years, with automakers facing 10% export tariffs.
French car giant says it cannot follow parts sourcing rules, introduced through Brexit, which add hefty tariffs. / Stellantis has urged the UK government to renegotiate part of its Brexit deal with the EU so it can avoid vehicle factory closures, which would result in the loss of thousands of jobs.
Experts have warned that there is an "existential threat to the UK car industry" as manufacturers consider pulling out of the country.
Stellantis warns UK government that the fledging electric vehicle industry is being jeopardised by a new 10% tariff.
Stellantis has committed to making electric vehicles in the UK but it is no longer able to meet Brexit trade rules on where parts are sourced.
One of the world's largest carmakers has said it will be unable to keep their commitment to make electric vehicles in the UK without changes to the Brexit deal.
UK manufacturers could be hit with 10% tariffs from next year unless they can source electric vehicle parts and batteries locally.
Stellantis has warned it won’t be able to keep its commitment to building electric vehicles in the UK without changes to the Brexit deal.
Vauxhall bosses warn the UK will be put at a ‘major competitive disadvantage’ without changes to Brexit import rules.
It may have been over three years since the UK formally left the European Union but UK brands and retailers continue to face a slew of challenges in navigating post-Brexit trade. Drapers identifies the persistent pain points and how they are being managed.
Former Cabinet minister George Eustice says too much has been given away in the name of free trade.
Chesham and Amersham MP Sarah Green, has called on the Government to face up to the negative impacts of their Brexit deal and work to support those affected.
Rachel Donald looks at how the Trade Minister’s justification for a zero-tariff trade deal with Malaysia only accelerates global deforestation.
UK preparing to lift tariffs on palm oil from Malaysia as price for joining CPTPP trade agreement. / Britain is preparing to sign off on a post-Brexit trade deal that campaigners say will encourage further destruction of nature, threaten the habitat of orangutans in Malaysia and make a mockery of the government’s claims of being committed to tackling deforestation abroad.
THE owner of an award-winning sustainable luxury fashion business has said she fears for the future of small firms as the impact of post-Brexit import tariffs begin to bite.
What will be the long-run economic effects of the United Kingdom’s decision to leave the European Union—informally known as Brexit? Compared with remaining in the European Union, there will inevitably be higher trade costs with the rest of Europe, which accounts for about half of all U.K. trade.
Hospitality, retail and farming leaders all highlighted that Brexit had delivered more challenges than opportunities for the Island. They said it had created ‘more red tape’ and meant fewer European employees staying to work in Jersey.