With a reliance on just-in-time and just-in-sequence supply chains, the automotive industry is one of the most vulnerable sectors to disruption caused by a disorderly British exit from the EU
The constant refrain from companies is a request for greater clarity – and as soon as possible – on what the UK’s future trading relationship will be with the 27-member trading bloc. The automotive industry either side of the English Channel (La Manche from a French perspective) is highly integrated after 46 years of UK membership of the EU.
The German VW Group is not alone, as a spokesman told Automotive Logistics, in “keeping a very close eye on developments and reviewing the entire spectrum of possible effects. The political standstill regarding a decision on the negotiated deal means continued insecurity and planning uncertainty.”…
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today.
By creating your account you will be able to stay up-to-date with the latest industry developments, trends and analysis, read in-depth reports and intelligence, and connect with your peers.
Creating an account gives you:
Gain access to our exclusive content and features register free today
Non-registered users are able to access one AL exclusive articles per week. You have now used your allocation.
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today
Lower energy prices in 2023 have been shown to be a key factor in helping to control operational costs for parts makers in Europe
Mercedes-Benz Group has finally sold its 15% stake in Russian truck manufacturer Kamaz to an unnamed buyer following the cessation of cooperation in February 2022
The German locomotive drivers’ union GDL is calling for a six-day strike that will impact cargo and passenger services across the country
![Global[1]](https://d3n5uof8vony13.cloudfront.net/Pictures/web/a/d/s/global1_726550.svgz)