Tag : BREXIT
Comment: UK stands at brink of decommissioning its automotive industry
Following calls to delay the imposition of the post-Brexit ‘Rules of Origin’ Alastair Cassels, partner and head of automotive advisory at accountancy group MHA, says failure … Read More »
Brexit deal must be ratified immediately, says UK auto sector
The UK automotive industry is calling for the immediate ratification by UK Parliament of the draft UK-EU Trade and Cooperation agreement (TCA), in order to ensure … Read More »
Coronavirus and Brexit inhibiting long-term planning, says VRA
The impact of the coronavirus crisis and potential effects of Brexit mean planning beyond the short term is “almost impossible” for the remarketing sector, according to … Read More »
EU automotive chiefs warn of ‘seismic’ effects of no-deal Brexit
A no-deal Brexit would trigger a “seismic shift” in the European automotive industry, undermining competitiveness while bringing a potential €5.7bn (£5bn) cost bill that could impact … Read More »
SMMT warns PM no-deal Brexit “simply not an option”
“No-deal Brexit is simply not an option,” warns the SMMT’s chief executive, Mike Hawes, in an open letter addressed to the new Prime Minister, Boris Johnson.
Hard Brexit border delays could cost UK auto sector £50k a minute
Border delays from a hard Brexit could cost the UK automotive sector up to £50k a minute, according to the first-ever UK auto trade report.
Shock Honda Swindon closure announcement imminent
Honda is set to announce its Swindon plant will close in 2022, according to a source close to Honda speaking to Sky News.
Weaker Pound drives thriving Irish used car market
Exports of British-registered used cars to Ireland have increased almost 50% since the EU Referendum, said to be due to the weaker Pound, according to new … Read More »
UK car investment halves as Brexit uncertainty bites
The UK automotive industry is urging the Government to rethink its position on a Brexit customs union as UK car investment slumps to half what it … Read More »
EU auto makers call for action on urgent Brexit issues
The European Automobile Manufacturers’ Association (ACEA) is urging Brexit negotiators to take action on urgent industry issues, including the impact on EU CO2 targets and the … Read More »
Fears of post-Brexit UK driver ban overplayed
The DfT has said it’s confident of mutual licence recognition after Brexit, putting paid to reports that UK drivers could be banned in Europe.
Market uncertainty could affect UK leasing, says Arval
Market uncertainty around diesel engines and Brexit could lead to a “jump” in leasing, as private and business customers look to mitigate against near-future risk, according … Read More »
UK car manufacturing hit by ongoing downturn in domestic demand
UK car manufacturing fell 4.6% to 161,490 cars in November as Brexit uncertainty and new diesel taxes impacted on domestic demand.
SMMT predicts falls in car registrations for 2017 and 2018
Car registrations are expected to fall from 2016’s record level as VED changes and continued Brexit uncertainty take their toll.
Concerns expressed about post-Brexit air quality standards
The UK Government must take more responsibility for air quality, even after leaving the European Union, the Chartered Institute of Environmental Health (CIEH) has warned, labelling … Read More »
Going it alone – what will Brexit mean for UK fleets?
What could the UK’s withdrawal from the EU and the single market mean for fleets? Natalie Middleton asks the experts.
Exiting single market will add £1,500 to car prices, warns SMMT
List prices for cars could rise by £1,500 post-Brexit if the UK doesn’t stay in the single market.
The Insider: The only certainty is uncertainty
The Insider reckons that while Brexit may bring increased costs for fleets, there could be opportunities too.So we’re out! I am of course referring to Brexit, … Read More »
Lithuania pitched as ideal relocation spot for UK automotive industry
A new campaign is positioning Lithuania as the perfect location for UK automotive businesses to relocate to following the Brexit vote.
Brexit – Where next for new cars?
As a large importer and exporter of new cars, clarity about the future of trade with the EU can’t come soon enough, as Alex Grant explains. … Read More »
Brexit – What it means for fleets…
Professor Colin Tourick looks at the financial, taxation and business ramifications for fleets of leaving the EU. An awful lot of business people woke up on … Read More »
Motor insurance and driving in the EU with a no deal Brexit
Following the UK Government’s updated advice on driving in the EU post Brexit, Michael Brooks, legal director at Corclaim takes a look at the insurance side … Read More »