26
Apr
The UK automotive sector, which employs practically a million people, is cautioning that production will shrink to under a million cars a year, costing the economy £55.4 billion, if no Brexit deal is reached. No deal would add roughly £2,000 to the cost of electric cars built in the UK and sold in the EU, and make an EU-built EV roughly £2,800 much more expensive to purchase here. Brexit! What it implies for cars, motorists and the UK car industry In a last-minute plea before Brexit transition ends on 31 December, the society of motor producers and Traders (SMMT) asked…