Brexit, COVID hit U.K. auto sector hard

Brexit and the COVID-19 pandemic have hit the U.K. auto industry hard. Auto Express writer Mike Rutherford said the negatives around Brexit include uncertainty (which has impacted sales and design centres), and less improvements in CO2 emissions reduction. COVID-19 has led to factory shutdowns and a decline in sales. “Now that Britain has departed the EU and its rules, our government can offer subsidies to attract such investors,” said Rutherford, as it would bring back more cutting-edge firms. (Source: Auto Express) Read the original article…

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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