Are the car-makers finally coming to Britain's rescue?
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Europe’s car manufacturers have called on Brussels to take a less restrictive stance on future market access to the UK, warning that aspects of the bloc’s current position are “not in the long-term interests of the EU automotive industry”.
The letter from the European Automobile Manufacturers’ Association (ACEA) — a group that represents companies including BMW, Toyota and Fiat — urges Brussels to “reconsider its position” on rules for determining whether goods will qualify for tariff-free trade. The group’s specific demands include that the EU should lower the percentage of components in a car that must be either European or British for the vehicle to qualify for the benefits of any EU-UK trade deal.
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https://www.ft.com/content/720671e0-...b-f34518ca4de8