Mike Hawes, SMMT Chief Executive:
For the automotive industry, Brexit is about damage limitation. The outline agreement is a positive step in avoiding the devastating consequences of ‘no-deal’ and securing a transition period.
It is, however, only a first step and business seeks certainty and ambition when it comes to securing a competitive future.
Truly frictionless trade is the only way to ensure the industry’s future success, and this should be the objective for all parties as we move into negotiating the permanent UK-EU relationship.
