U.K. Carmakers Warn That Hard Brexit Risks Decades of Progress
- Industry group president: Competitiveness ‘can be easily lost’
- WTO tariffs alone would add $6 billion to automakers’ costs
Photographer: Chris Ratcliffe/Bloomberg
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The U.K.’s auto industry body issued a stark warning to the government’s business minister that introducing friction to trade with the European Union could undo decades of work spent honing world-class manufacturing.