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Barclays PLC is planning to hire 200 new traders in Paris in a fresh blow to the Square Mile in the wake of Brexit.
The future of electric vehicle production in the UK is under threat unless the Government reworks the Brexit deal, Vauxhall parent Stellantis has warned.
David Bailey looks at the implications of BMW’s decision to stop producing the electric MINI at its Oxford plant and sets out what the decisions tells us about the UK automotive industry post-Brexit.
Society of Motor Manufacturers and Traders cuts 2021 forecast after 35.5% year-on-year decline
British car factories will be forced to close with the loss of thousands of jobs if the UK government does not renegotiate its Brexit deal immediately, automaker Stellantis has warned.
World’s biggest electric and hybrid carmaker BYD ruled out UK factory because of Brexit, after new law scraps US debut.
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.
Tariff hit for electric vehicles likely to be £2,800 per car, with risks to UK’s net zero plans.
Even if Brexit deal is reached, decision means vehicles without enough British components will attract tariffs.
Brexit risk dashes Sunderland plant's hopes of producing new model for export.
The European Union is about to formally reject a UK plea for special allowances for exports of electric cars in a post-Brexit trade deal.
UK car industry is facing ‘existential crisis’ as argument over EV Brexit deal rumbles on
19/05/2023
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.
Ford has been stockpiling vehicles in the UK and moving engines in to Europe in advance of a hard Brexit.
The new law protects vulnerable road users and comes into force on Monday.
The UK is accused of being ‘asleep at the wheel’ when it comes to industrial policy around new electric car and battery tech.
Senior figures at Honda told workers at the plant that robot technology to build electric cars was being delivered by boat, before the sudden announcement last week that the plant will close.
Musk says uncertainty over future ruled UK out of running for new facility.
The carmaker’s chief executive said that future spending was dependent on post-Brexit trading conditions.
Brexit deal means from 2024 batteries not containing 50% local materials face EU tariffs.
Production of electric and hybrid cars will not be introduced to Ellesmere Port until the outcome of Brexit is decided, Vauxhall's parent company has warned.
Tesla CEO Elon Musk has blamed Brexit as the reason why the firm chose Germany rather than Britain as the country to launch its new Gigafactory.
The world’s largest seller of electric and hybrid cars will not consider building its first European car factory in the UK because of the impact of Brexit.
Fake it till you make it has been the guiding maxim of British government policy for national renewal since Brexit.
This could hamper the UK’s ambition to be a global leader in zero-emission vehicle development, production and employment.
Electric car prices set to rise by 10% from 2024: Brexit trade tariff to make them more expensive and delay price parity with petrols and diesels
13/12/2022
Many electric vehicles made and sold in the UK and Europe are set to become more expensive from 2024, which will delay price parity with petrol and diesel cars, it has emerged.