Consulting analysts in tomorrow’s commodities and technologies

News

BREXIT: Brexit Deal Is Too Little, Too Late for U.K.’s Car Industry

  • Date: 29-12-20
  • Category: BREXIT
  • Source: Bloomberg

The auto industry dodged disaster when the U.K. and European Union sealed a post-Brexit trade accord, but not before carmakers announced factory closures and called off plans to make several new vehicles in the country.

View full story

BREXIT: UK car industry says failure to get Brexit deal could cost $74B by 2025

  • Date: 25-11-20
  • Category: BREXIT
  • Source: Auto News

LONDON -- Britain's car industry body called on Brexit negotiators to agree to a deal by the end of 2020, saying failure to do so could cost the sector 55.4 billion pounds ($74 billion) in tariffs by 2025 and undercut its ability to develop the next generation of zero-emissions vehicles.

View full story

BREXIT: Hard Brexit Could Cost U.K. Auto Industry $63,750 a Minute

  • Date: 25-06-19
  • Category: BREXIT
  • Source: Bloomberg

Britain’s automotive industry stands to lose 50,000 pounds ($63,750) a minute should the country crash out of European Union without a deal because friction at the border will leave plants starved of parts, the U.K.’s car industry lobby said.

View full story