Brexit

  • Trade & tariffs

    News » Porsche warns Brexit could force prices up in the UK

    February 18th 2019 Porsche has warned its customers in the UK that they could face a 10% hike in the cost of cars delivered after the Brexit deadline, as a result of the duties that may be imposed. “As one potential outcome of the Brexit negotiations, there is a possibility that a duty of up to 10% may […]
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  • International trade

    Intelligence » Q&A: Olivier Thouard, customs and tax director, Gefco

    February 6th 2019 Automotive companies and their logistics providers have largely been kept in the dark over the terms of the UK’s withdrawal from the EU and how they will continue to trade vehicles and parts with the continent. The UK exports more than 80% of the vehicles it makes but more than 80% of its domestic sales […]
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  • Market trends

    News » UK vehicle exports buoyant amid Brexit uncertainty

    February 4th 2019 Vehicle exports from the UK accounted for 81.5% of production last year, the highest proportion since 2012, allowing the country to maintain its position as the second strongest new car market in Europe after Germany. According to data presented last week by the Society of Motor Manufacturers and Traders (SMMT), the UK exported over 1.2m […]
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  • Manufacturing moves

    News » Nissan pulls plans to make X-Trail in Sunderland

    February 4th 2019 Nissan has reneged on a plan to make the next-generation X-Trail in the UK and will instead supply the European market with the crossover from its Kyushu plant in Japan. The decision – an obvious blow to the UK car sector – comes at a time when investment in the UK automotive sector has taken […]
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  • Market trends

    News » Turkish exports bolster falling domestic sales

    January 23rd 2019 Turkey’s automotive industry had a mixed year in 2018. Sales in its domestic market for passenger vehicles and light commercial vehicles (LCVs) were down by 35%, according to the Automotive Distributors Association (ODD), at 621,000 compared to 956,000 in 2017. According to Turkey’s Automotive Manufacturers’ Association (OSD), production of passenger cars, light trucks and pick-ups amounted […]
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  • International trade

    News » ACEA warns of EU steel import tariffs

    January 22nd 2019 European Union (EU) measures to protect the steel industry “pose a real risk” to the competitiveness of the region’s car sector, according to Erik Jonnaert, secretary-general of the European Automobile Manufacturers’ Association (ACEA). A total of 26 categories of steel from all countries will be limited to a quota, based on the average of imports […]
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  • International trade

    Opinion » Brexit: Why we need to get accustomed to digitalisation

    January 21st 2019 It’s been more than 30 months since the EU referendum, but if and when the UK stops being an EU member state and becomes what is known as a “third country”, the number of customs declarations is expected to increase from 50m to 350m a year. British companies will be facing tariffs and customs checks, […]
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  • Trade relations

    Intelligence » Q&A: Iain Lindsay

    January 17th 2019 What do you say to potential investors who are concerned about what Brexit may mean for trade, particularly with the flow of goods and material being so essential to the automotive industry? Brexit is an issue that is at the heart of business concerns: what will it mean in terms of future business, short term […]
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  • Manufacturing moves

    News » Honda to halt UK production during Brexit

    January 14th 2019 Japanese OEM Honda is to suspend production at its British plant for six days in April after the UK leaves the European Union on March 29. The decision follows an assessment of how best to prepare for any logistics and border problems following Brexit. “These contingency provisions have been put in place to best mitigate the […]
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  • Government policy

    Uncategorized » Bordering on Brexit

    December 4th 2018 Brexit continues to cause some serious headaches for those involved in the UK’s automotive sector. With the publication of a draft withdrawal agreement on November 14, UK prime minister, Theresa May, affirmed her commitment to a continued customs territory. Whether that intent will be realised is as much in doubt as ever, however. Although the […]
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