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EU, UK carmakers express ‘no deal’ Brexit concerns
14 Sep
15:45

EU, UK carmakers express ‘no deal’ Brexit concerns

Carmaker associations in the EU and UK have joined forces to voice their concern regarding a possible “no deal” Brexit. They calculate this event could cost €110 billion ($131 billion) in lost trade over the next five years. The automotive sector is already suffering from the effects of the coronavirus pandemic, but a further shock to the trade system without a Brexit deal would be “…devastating”, the associations add. “W…
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