UK car industry body SMMT says no Brexit deal is not an alternative

by SpeedLux
brexit and eu

No deal in Brexit talks between the UK and the European Union is not an alternative, the country’s car market body stated as Prime Minister Theresa May officially triggered divorce procedures from the European Union.

In January, May stated: “I am equally clear that no deal for Britain is better than a bad deal for Britain”, however automakers fear that without an official agreement, UK-built cars would face export tariffs of as much as 10 percent, risking the future of plants.

“We will continue to deal with government and our European counterparts however no deal is not a choice,” the Chief Executive of the Society of Motor Manufacturers and Traders Mike Hawes stated on Wednesday.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More