蜜臀av性久久久久|国产免费久久精品99|国产99久久久久久免费|成人精品一区二区三区在线|日韩精品一区二区av在线|国产亚洲欧美在线观看四区|色噜噜综合亚洲av中文无码|99久久久国产精品免费播放器

British automotive industry warns of catastrophe over no-deal Brexit

Source: Xinhua| 2018-12-21 01:19:27|Editor: yan
Video PlayerClose

LONDON, Dec. 20 (Xinhua) -- "'No Deal' must be taken off the table or it risk destroying the automotive industry and the hundreds of thousands of jobs it supports," the British Society of Motor Manufacturers and Traders (SMMT) warned Thursday.

SMMT said no-deal divorce would have an immediate and devastating impact on the industry, "halting production, undermining competitiveness and causing irreversible and severe damage."

"Delays at the border would fundamentally undermine just-in-time manufacturing stopping production," it said, adding that tariffs would add at least 4.5 billion pounds to the industry's costs.

According to the data issued by SMMT, the auto sector employed 856,000 people and contributed 20.2 billion pounds to British economy.

"Since 2010, car production alone has risen by a third, with 80 percent bound for export -- the majority to the EU," the society noted, adding that 2.7 million new cars were traded between the UK and EU each year.

It highlighted that the success relied on free and frictionless trade afforded by the single market and customs union.

Mike Hawes, SMMT Chief Executive, said the impact of Brexit "does not compare with the catastrophic consequences of leaving the EU without a deal."

"The just-in-time nature of automotive means the impact of 'no deal' will be felt, not in months or days, but hours," he added.

He strongly called on both government and parliament to have their responsibilities to take no-deal withdrawal option off the table, or "risk destroying this vital UK industry".

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105521376880051
惠州市| 龙川县| 全南县| 中牟县| 高尔夫| 合作市| 达日县| 皋兰县| 长宁区| 读书| 濉溪县| 呼图壁县| 株洲市| 安顺市| 泸西县| 出国| 巨鹿县| 西峡县| 林州市| 临海市| 新安县| 玛沁县| 恩平市| 安溪县| 石棉县| 南通市| 曲周县| 平山县| 潜山县| 安阳市| 衡水市| 宝山区| 肥东县| 马山县| 无锡市| 石台县| 文山县| 北京市| 大城县| 岗巴县| 盐源县|