中文字幕网伦射乱中文-超清中文乱码字幕在线观看-亚洲v国产v欧美v久久久久久-久久性网-手机在线成人av-成人六区-国产人与zoxxxx另类一一-青青草国产久久精品-蜜桃av久久久一区二区三区麻豆-成人av一区二区免费播放-在线视频麻豆-www爱爱-成人免费看片视频-性欧美老肥妇喷水-五月99久久婷婷国产综合亚洲-亚洲最色-各种含道具高h调教1v1男男-91丨porny丨国产-国产精品无码专区在线观看不卡-大香伊人

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