Europe

15 January 2019 #Europe #SMMT News

Mike Hawes, SMMT Chief Executive: The vote against the Brexit deal on the table brings

15 January 2019 #Europe #SMMT News

Mike Hawes, SMMT Chief Executive: As MPs prepare to vote on the government’s Brexit deal,

20 December 2018 #Europe #SMMT News #UK Manufacturing

‘No Deal’ must be taken off the table or risk destroying the automotive industry and the hundreds of thousands of jobs it supports, the Society of Motor Manufacturers and Traders (SMMT) warned today. ‘No Deal’ with the EU would have an immediate and devastating impact on the industry, halting production, undermining competitiveness and causing irreversible and severe damage. Automotive businesses are exasperated by the current situation with only weeks until Brexit. Industry has been unequivocal about the impact of ‘No Deal’.

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.

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