BMW, Mercedes, Tesla and Ford models made in the USA and exported to China will be more seriously affected as a trade war escalates.
China’s counter measures to the US tariffs rising will take effect on 1 September and more will be rolled out on 15 December.
VW is cleaning up its act and business in the wake of the 2015 diesel emissions scandal which has cost it about €30 Billion.
The VW staff newspaper said the company had fired over 200 staff for breaching company rules in Q1 this year such as unapproved absences, property offences, discrimination and ignoring drug or alcohol bans.
The time has come for government to put the politics of Brexit to one side, come clean with industry, and share its full impact assessment for a No Deal departure from the EU, according to FTA, the organisation which speaks for the logistics sector.
After the leak of the government’s own Operation Yellowhammer report into the potential impact of the UK leaving the EU without a deal, FTA’s James Hookham is in no doubt that the government needs to start rebuilding trust with the logistics sector by sharing its full contingency plans: