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© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Globalized auto industry vulnerable to new Brexit borders
By DANICA KIRKA LONDON©2024 GPlusMedia Inc.
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wtfjapan
Obviously the factory was doing just fine for 60 years before the EU even existed, now apparently it can't survive without it. before the EU most of the vehicles manufactured in the UK were sold there, now more than 70% of vehicles assembled in the UK are exported to the EU, so yes UK manufacturing will suffer if tariffs are introduced, most likely with factory jobs moving from the UK into the EU, which seems far more likely than not. the insane part of the whole Brexit debacle is the majority of the people that are employed in these UK car factories voted to leave the EU LOL. Just shows that many people cant see two steps in front of them, sounds very similar to another group of people across the pond in the US
lucabrasi
@wtf
Hear, hear!
This entire Brexit debacle has certainly put the final bullet in the head of any ideas I might have had about going "home".
Lost-in-Nagoya
Is this part that EU is calling a unicorn fantasy?
JeffLee
US and Canada have managed to fully integrate their auto industries...without a single market or free movement of labor. Other regions, too, - with free trade but not single markets - are heading that way, like ASEAN.
Indeed, it was while Britain was an EC and EU member that it saw its indigenous car industry sink into decline, going from one of the world's major manufacturers to almost nothing.
theeastisred
Your intelligence is 30 years out of date.
mmwkdw
@lucabrasi - well if you married any non-EU National then you wont be able to bring her to the UK unless you can prove you have a high paid job
lucabrasi
@mmw
And that's another reason to stay put....