The British public has chosen a new future out of Europe and Government must now maintain economic stability and secure a deal with the EU which safeguards UK automotive interests, said Mike Hawes, SMMT Chief Executive.
“This includes securing tariff-free access to European and other global markets, ensuring we can recruit talent from the EU and the rest of the world and making the UK the most competitive place in Europe for automotive investment.”
The FTA has also called for urgent exit talks to ensure the easiest transit of goods in and out of the UK, especially for automotive industry clients.
The possible implications explained by leading international economist Prof Garel Rhys.
