30 December 2020 #Europe #SMMT News

With just hours from ratification to implementation, government should provide specific additional phase-in periods for administration requirements.

29 December 2020 #Europe #SMMT News

We welcome today’s agreement between Turkey and the UK to extend preferential trading terms beyond 31 December.

24 December 2020 #Europe #SMMT News

“We welcome today’s agreement of a new EU-UK trading agreement, which provides a platform for our future relationship. We await the details to ensure this deal works for all automotive goods and technologies, including specifics on rules of origin and future regulatory co-operation. A phase-in period is critical to help businesses on both sides adapt and efforts should now be sustained to ensure seamless implementation, with tariff-free trade fully accessible and effective for all from day one. We will continue to work closely with government to ensure all companies are as prepared as possible in the limited time left.”

15 December 2020 #Europe #SMMT News

The signing of another trade agreement that rolls over our preferential trade terms that would have expired when we leave the EU is welcome news.

13 December 2020 #Europe #SMMT News

We welcome the commitment from both sides to continue talking and find a way through the political impasse

11 December 2020 #Europe #SMMT News

Mike Hawes, SMMT Chief Executive: “Even at this eleventh hour, we remain hopeful that a trade deal will be struck between the UK and EU. Leaving the single market and customs union means we will incur significant additional costs, but

24 November 2020 #Europe #Event News #SMMT News

UK Automotive warns of Brexit tariff damage as new figures reveal ‘no deal’ would cut vehicle production by two million over next five years.
WTO tariffs would strike £55.4bn blow to UK sector by 2025 with annual production falling below one million units consistently.
Brexit deal must work for automotive to sustain competitiveness, help drive green recovery and jobs and keep the UK at forefront of global decarbonisation agenda.
UK sector comes together at special online event as SMMT calls on government to keep car showrooms open, agree a Brexit deal and ‘build back together’ after coronavirus crisis.

10 November 2020 #Europe #SMMT News

The UK automotive industry today issued a last-chance plea for a zero-tariff, zero-quota trade deal that delivers for automotive as negotiations enter the endgame this week.

New calculations reveal ‘no deal’ tariff threat to Britain’s green recovery, with £2,800 average price uplift on EU-built EV effectively cancelling out UK’s plug-in car grant. Shock of higher cost risks reducing increased BEV demand next year by at least

16 October 2020 #Europe #SMMT News

Mike Hawes, SMMT Chief Executive, said, Make no mistake, the automotive industry will not prosper from ‘no deal’. It would have a devastating impact on the sector, on the economy and on jobs in every region of Britain. Businesses have

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