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The future of electric vehicle production in the UK is under threat unless the Government reworks the Brexit deal, Vauxhall parent Stellantis has warned.
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.
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.
Rishi Sunak’s government is understood to be lobbying the EU to delay a change in manufacturing rules in the Brexit trade deal after Vauxhall’s parent company warned it could shut its UK factories.
Stellantis car manufacturers has urged the UK government to revisit elements of its Brexit deal with Europe, fearing the integrity of the British car industry supply chain and the future of the nation’s car industry.
Expert warns of ‘existential crisis for UK car industry. / Government insists EV problems ‘can be resolved within’ Brexit deal. / From next year, 45 per cent of an EV’s value should originate in the UK or EU to qualify for tariff-free trade.
Society of Motor Manufacturers and Traders cuts 2021 forecast after 35.5% year-on-year decline
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.
Ministers were warned of the dangers of the EU trade deadline two years ago. Now, up to 200,000 jobs and £11bn worth of UK car exports could be in jeopardy.
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.
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.
Stellantis says it can no longer meet trade rules on sourcing of parts in Britain or EU after rise in raw material costs
Car maker, Stellantis, has warned that Brexit trade renegotiations may be needed for its Luton plant to survive.
One of the world's biggest carmakers has warned it may have to close UK factories if the government does not renegotiate the Brexit deal.
Project Fear has become Project Reality—just look at Britain’s car industry.
Officials have been accused of been "asleep at the wheel" as looming new rules covering electric vehicles approach.