UK car industry calls for tariff-free deal with EU as output slumps

LONDON (Reuters) - Britain's car industry body called on Prime Minister Boris Johnson to secure a tariff-free trade deal with the European Union which avoids barriers for businesses as production slumped in November. Output fell 16.5 percent last month to 107,753 cars, continuing a trend of decline in 2019 which leaves output down 14.5% in the first 11 months of the year to 1.2 million vehicles, according to the Society of Motor Manufacturers and Traders (SMMT). Johnson convincingly won an election last week which puts Britain on track to leave the EU by the end of next month, guaranteeing a transition period until the end of 2020 during which time little will change in its relationship with the bloc

Reuters December 20, 2019 06:07:17 IST
UK car industry calls for tariff-free deal with EU as output slumps

UK car industry calls for tarifffree deal with EU as output slumps

LONDON (Reuters) - Britain's car industry body called on Prime Minister Boris Johnson to secure a tariff-free trade deal with the European Union which avoids barriers for businesses as production slumped in November.

Output fell 16.5 percent last month to 107,753 cars, continuing a trend of decline in 2019 which leaves output down 14.5% in the first 11 months of the year to 1.2 million vehicles, according to the Society of Motor Manufacturers and Traders (SMMT).

Johnson convincingly won an election last week which puts Britain on track to leave the EU by the end of next month, guaranteeing a transition period until the end of 2020 during which time little will change in its relationship with the bloc.

Much of next year will be dominated by talks between London and Brussels on the future partnership to take effect from 2021, with manufacturers seeking the closest possible relationship to maintain their seamless production processes.

"UK car production is export-led, so we look forward to working with the new government to deliver an ambitious trade deal with the EU," said SMMT Chief Executive Mike Hawes.

"That deal needs to be tariff-free and avoid barriers to trade, which, for automotive, means that our standards must be aligned."

(Reporting by Costas Pitas; editing by Stephen Addison)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Norway imposes new restrictions to prevent new wave, says PM
World

Norway imposes new restrictions to prevent new wave, says PM

OSLO (Reuters) -Norway will impose fresh restrictions to prevent a resurgence in the spread of the coronavirus, Prime Minister Erna Solberg said on Sunday, including a nationwide ban on serving alcohol in restaurants and bars and not inviting guests home.

Indigenous Venezuelan man accused of raiding military post dies in jail: rights group
World

Indigenous Venezuelan man accused of raiding military post dies in jail: rights group

(Reuters) - A Venezuelan member of the Pemon indigenous group accused of aiding a raid on a military post in late 2019 died on Sunday in a jail close to capital Caracas, rights group Penal Forum said in a tweet. Salvador Franco died just weeks after family members and activists reported he was suffering from health problems.

Norway imposes new restrictions to prevent new COVID-19 wave, says PM
World

Norway imposes new restrictions to prevent new COVID-19 wave, says PM

OSLO (Reuters) - Norway will impose fresh restrictions to prevent a resurgence in the spread of the coronavirus, Prime Minister Erna Solberg said on Sunday, including a nationwide ban on serving alcohol in restaurants and bars and not inviting guests home.