Hard Brexit would 'slash UK car production by a third and cost industry £40bn'

Britain's largest automotive manufacturer announced in January that it plans to cut 4500 jobs from its 40,000 workforceThe Japanese car company announced early in February that it would no longer be making the new X-trail model at its Sunderland factoryHonda has announced that it is planning to close its Swindon plant with the loss of 3,500 jobsMichelin announced in November that it will close its Dundee tyre factory which employs over 800 people by 2020Shchaeffler's Llanelli plant is...

Comes under Woulda, Shoulda, Coulda unsubstantiated propaganda assumption.

New figures show WTO tariffs would decimate UK manufacturing, with 1.5m vehicles lost by 2024 at a cost of £42.7bn

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Source: The Mirror - 🏆 136. / 51 Read more »