U.K. Automotive Industry: Brexit Deal is Critical, an Industrial Info Market Brief
U.K. Automotive Industry: Brexit Deal is Critical, an Industrial Info Market Brief
Attachment: brexit
Three-fourths of the automotive businesses in the U.K. could suffer as a result of no deal on Brexit. Almost a third of surveyed companies have claimed they have had to postpone or cancel investments in the U.K. because of the situation.
Since 2010, car production in the U.K. has risen by third, and data from 2017 shows 80% is bound for export, mostly to the EU.
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