arista
17-05-2023, 12:06 PM
Urgent debate Live
in Parliament now.
[One of the world's biggest carmakers has
warned it may have to close UK factories
if the government does not renegotiate
the Brexit deal.
Stellantis, which owns Vauxhall,
Peugeot, Citroen and Fiat,
had committed to making electric cars
in the UK, but says that is under threat.
It warned it could face tariffs of 10%
on exports to the EU due to rules
on where parts are sourced from.
The government said it was "determined"
UK car making will remain competitive.
"If the cost of electric vehicle manufacturing
in the UK becomes uncompetitive and unsustainable,
operations will close," Stellantis said.
It is the first time a car firm has
openly called on the government to renegotiate
the terms of the Brexit trade deal.
Stellantis called on ministers to come
to an agreement with the EU to keep
rules as they are until 2027,
and it also wants arrangements for
manufacturing parts in Serbia and Morocco
to be reviewed.]
https://www.bbc.co.uk/news/business-65612295
Sign Of The Times
in Parliament now.
[One of the world's biggest carmakers has
warned it may have to close UK factories
if the government does not renegotiate
the Brexit deal.
Stellantis, which owns Vauxhall,
Peugeot, Citroen and Fiat,
had committed to making electric cars
in the UK, but says that is under threat.
It warned it could face tariffs of 10%
on exports to the EU due to rules
on where parts are sourced from.
The government said it was "determined"
UK car making will remain competitive.
"If the cost of electric vehicle manufacturing
in the UK becomes uncompetitive and unsustainable,
operations will close," Stellantis said.
It is the first time a car firm has
openly called on the government to renegotiate
the terms of the Brexit trade deal.
Stellantis called on ministers to come
to an agreement with the EU to keep
rules as they are until 2027,
and it also wants arrangements for
manufacturing parts in Serbia and Morocco
to be reviewed.]
https://www.bbc.co.uk/news/business-65612295
Sign Of The Times