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Tag Archives: UK economy
Doomsday? No-Deal Brexit Impact on UK Light Vehicle Market
If the UK leaves the EU without a deal, then the LMC assumption would be that vehicles exported to the EU from the UK would be subject to a tariff of 10% as the UK would, by then, have become a ‘third country’ under EU trade rules. Continue reading
BREXIT Curse – UK Car Production Falls -11.3% in April
UK car production fell -11.3% in April year-on-year with 60,554 units rolling off factory lines, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). The ongoing global shortage of semi-conductors, the impact of … Continue reading →