No-deal Brexit risks 'destroying' UK car industry with effects to be felt within hours, trade body warns
15/01/2019
Manufacturers would feel effects 'within hours' of country crashing out of EU, says SMMT boss as MPs prepare for crucial vote on Theresa May's proposals
Fresh inward investment in the sector plummeted in 2018, down 46.5 per cent on 2017 to just £588.6m.
The firm, which employs thousands of people in Sunderland, will reportedly make the announcement on Monday.
Production of four of Nissan's car models in Sunderland fell by 10.7% in 2018 according to SMMT research.
UK car production collapses 18% as industry warns of 'clear and present danger' from no-deal Brexit
28/02/2019
Car companies paying additional and potentially pointless costs every day that leaving the EU with no deal remains on the table, says trade body.
Industry has now declined for nine consecutive months.
Industry is being undermined by 'incompetent government and its threats of a no deal', says trade body. / The number of cars built in the UK in April plummeted by almost half compared with a year ago, figures reveal.
A "dramatic" fall in car production and an easing of stockpiling by manufacturers meant the economy shrank in April, official figures show.
Trade body says delayed shipments of parts and WTO tariffs ‘would deliver a knockout blow to the sector’s competitiveness’.
Britain’s car industry warned the next prime minister on Tuesday against a “seismic” no-deal Brexit in October, which it said could add billions of pounds in tariffs and cause border disruption, crippling the sector.
PSA Group, the French automaker that owns Vauxhall, has again warned that it could pull production from its Ellesmere Port plant in the UK if the plant becomes unprofitable after Brexit.
The five key metrics are not pointing to anything good.
Carmakers fear disorderly exit would cripple the just-in-time supply chain, investment and lead to tariff barriers
The head of the SMMT has said that he a no-deal would be devastating for the automotive industry.
13 automotive Brexit myths – busted (SMMT)
11/07/2019
UK automotive industry puts the record straight on ‘no deal’ Brexit impact, as Parliament debates the meaningful vote.
One in three British automotive firms is cutting jobs as Brexit nears, up from one in eight just under a year ago, according to a survey conducted by a group representing the industry which risks being a big loser from Brexit.
The sector issues a final plea for a no-deal Brexit to be avoided at all costs, saying the prospect is already hitting jobs.
Britain’s car industry body called on Prime Minister Boris Johnson to secure a tariff-free trade deal with the European Union which avoids barriers for businesses as production slumped in November.
The Chancellor has warned there will be no alignment with EU regulations after Brexit - despite a pledge being made in the North East by Boris Johnson that standards would be protected.
UK car industry posts worst production figures since 1954 as Brexit and coronavirus take their toll
30/07/2020
Even if there is no second wave of coronavirus to shut down factories once again, British car production in 2020 will only recover to about a half of last year’s figure, says industry body.
The number of cars built in the UK over the past six months has slumped to the lowest since 1954, according to the industry's trade body.
Warning from head of North East England Chamber of Commerce is echoed by other organisations.
Production losses due to the crisis have cost manufacturers more than £9.5bn so far this year, it was estimated, while at least 13,500 jobs have been lost.