US tariffs are damaging to UK car producers. The UK body responsible for car sales, the Society of Motor Manufacturers and Traders ceo Mike Hawes had this to say about the US tariffs, "The announced imposition of a 10% tariff on all UK products exported to the US, whilst less than other major economies, is another deeply disappointing and potentially … [Read more...]
Tradelines 10 June
Japan wants an end to automobile and parts tariffs in negotiations on a post-Brexit trade agreement with Britain, the country’s trade minister said yesterday. After decades outsourcing its trade policy to the European Union, Britain is embarking on negotiating free trade deals with countries around the world including Japan and 10 other Pacific nations and … [Read more...]
Newslines 16 April
German prosecutors are pressing criminal charges against former Volkswagen Group CEO Martin Winterkorn in connection with the automaker's manipulation of diesel-emissions testing, reports Automotive News Europe. Four other executives are also being charged, said the prosecutors' office in Brunswick in VW's home of Lower Saxony and all are charged with … [Read more...]
Carmakers clamour for Brexit deal
A ‘no-deal’ Brexit must be ruled out now to avoid damaging one of the EU’s most valuable economic assets, the Society of Motor Manufacturers and Traders is warning. Time is running out, and negotiators on both sides of the Channel must prioritise the agreement of terms for a managed withdrawal and ‘status quo’ transition as soon as possible. ‘No-deal’ … [Read more...]
