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.
Almost all car makers in the UK are having a hard time figuring out new trade rules post-Brexit, the Society of Motor Manufacturers and Traders (SMMT) said on Thursday, as it announced that UK car production rose for the first time in 18 months.
David Bailey examines the potential impact of new ‘rules of origin’ requirements for Battery Electric Vehicles (BEV) under the Brexit trade deal, arguing that tariffs on UK-EU BEV trade would be self-defeating when both the UK and the EU are trying to encourage a switch to electric vehicles in order to reach net zero.
Barclays PLC is planning to hire 200 new traders in Paris in a fresh blow to the Square Mile in the wake of Brexit.
Britain's car industry risks losing out even if there is a post-Brexit trade deal with the EU, according to documents seen by the BBC.
Britain and the EU are holding negotiations over the issue but Brussels is expected to maintain a hardline until the autumn.
British car factories could be forced to close if the UK does not renegotiate the current Brexit deal, according to one of the largest automakers in the country.
The five key metrics are not pointing to anything good.
Brexit tariffs could close UK car factories
04/08/2023
One of the world’s biggest carmakers has warned it may be forced to close its UK factories if the government can’t renegotiate part of the Brexit deal with the EU.
Tariff hit for electric vehicles likely to be £2,800 per car, with risks to UK’s net zero plans.
An industry leader told MPs that the movement of parts is a ‘major challenge’.
The head of the SMMT has said that he a no-deal would be devastating for the automotive industry.
Production of four of Nissan's car models in Sunderland fell by 10.7% in 2018 according to SMMT research.
The sector issues a final plea for a no-deal Brexit to be avoided at all costs, saying the prospect is already hitting jobs.
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.
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.
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.
The UK is struggling to build a battery industry—and its new isolation isn't helping.
Carmakers were hit by the impact of the coronavirus crisis and Brexit uncertainty for most of 2020 about, says SMMT.
Jaguar Land Rover joins Vauxhall maker Stellantis in criticising Brexit deal, piling pressure on Government
17/05/2023
The current Brexit deal is “unrealistic and counterproductive” for electric car manufacturing and needs to be changed, Jaguar Land Rover (JLR) has warned.
The firm, which employs thousands of people in Sunderland, will reportedly make the announcement on Monday.
UK firms face ‘significant barriers’ to doing business with EU and have less access than Canadian companies, in some cases.