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Old 16-05-2023, 22:44   #5087
Damien
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Join Date: Mar 2004
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Re: Britain outside the EU

https://www.bbc.co.uk/news/business-65612295

Quote:
One of the world's biggest carmakers has called on the government to renegotiate part of the Brexit deal or risk losing parts of its car industry.

Stellantis, which makes Vauxhall, Peugeot, Citroen and Fiat had committed to making electric vehicles in the UK.

But it has now said it is no longer able to meet Brexit trade rules on where parts are sourced.

...

If the government cannot get an agreement to keep the current rules until 2027, from next year "trade between the UK and EU would be subject to 10% tariffs", it said.

This would make domestic production and exports uncompetitive in comparison to Japan and South Korea, it said.
It's incredible what an act of self-sabotage Brexit has been.
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