Sector warns of permanent damage unless UK can secure transitional deal maintaining access to single market and customs union

Carmakers have called on ministers to keep the UK in the EU single market and customs union for at least five years or risk permanent damage to the industry.

The Society of Motor Manufacturers and Traders told the government on Tuesday it was time to be pragmatic and honest about what could be achieved and secure an interim agreement in Brexit negotiations. Otherwise Britain could face a “cliff-edge” in 20 months that would be the “worst foreseeable outcome for the sector” and possibly mean tariffs.

Continue reading…

Facebook Comments

This site uses Akismet to reduce spam. Learn how your comment data is processed.