Society of Motor Manufacturers and Traders - updates

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ARTICLE FINDER

Fearing no-deal Brexit, UK carmakers slam brakes on investment

Jul 31, 2019 - 11:15 PM

New investment in the United Kingdom's automotive industry plummets by 70% in the 1st half of 2019

(FILES) In this file photo taken on March 06, 2017 Opel cars are prepared for distribution at Vauxhall's production plant in Ellesmere Port, in Cheshire, north-west England. - French carmaker PSA warned it could shut down a plant in northwest England if the factory becomes unprofitable because of Brexit, the Financial Times reported on July 29, 2019. (Photo by Paul ELLIS / AFP)