SMMT Warns Brexit Trade Rules Risk Stalling UK Automotive Exports | Motor Trade News - Brexit Carnage
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SMMT warns Brexit trade rules risk stalling UK automotive exports | Motor Trade News - Brexit Carnage
The SMMT’s latest trade report says UK automotive remains a global trading powerhouse but warns new EU rules of origin could make electric … Read More The post SMMT warns Brexit trade rules risk stalling UK automotive exports | Motor Trade News appeared first on Brexit Carnage.
Five years on from Brexit, UK Automotive remains £115bn trading powerhouse
New SMMT Trade Report sets out UK Automotive’s £115 billion global trading hub status despite the most challenging environment in decades. Sector on course to generate more than £110 billion in trade for third year running, shipping vehicles, parts and components around the world. Brexit has fundamentally altered UK-EU automotive trade on both sides so sector calls for closer relationship to support jobs, growth and decarbonisation. Rejoining Pa…
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