Europe

27 November 2018 #Europe #Event News #SMMT News #TNB News

Three quarters of UK automotive firms warn of ‘no-deal’ Brexit catastrophe, finds new industry survey.
Half already hit by uncertainty, with one in five having lost business and a third cancelling or postponing UK investment decisions.
Impact on profitability, ability to win overseas business, investment in UK operations and workforce cuts cited as biggest ‘no deal’ concerns.
Withdrawal agreement offers breathing space to negotiate ambitious future relationship and frictionless trade – essential to safeguard UK automotive industry and jobs.

Regional Forum

As threat of ‘no-deal’ continues, SMMT launches new Brexit Readiness Programme to help safeguard UK’s automotive supply chain as cliff-edge looms.
Initiative highlights contingency planning minefield, with changes to regulations, onerous customs processes, tariffs and restricted access to talent among complex challenges facing industry.
UK Automotive repeats call for orderly withdrawal and transition as risk to auto suppliers highlighted at SMMT Regional Forum Midlands.

UK car manufacturing
19 September 2018 #Europe #SMMT News

‘No-deal’ not an option for Auto, warns SMMT as limited progress pushes sector closer to cliff-edge.
New figures show application of tariffs could mean at least £5bn bill for EU-UK industry & consumers.
SMMT calls for all Brexit negotiators to be pragmatic, secure a withdrawal agreement and transition, and safeguard one of Europe’s most valuable economic assets.

28 March 2018 #Europe #SMMT News

With one year to go until the UK leaves the EU, the Society of Motor Manufacturers and Traders (SMMT) today set out its priorities to assure the UK automotive industry’s future success. The move follows agreement of a Brexit transition period, designed to allow business to continue as usual while a new UK-EU trading relationship is negotiated.

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