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Brexit May Force UK Factory Closure, Says Car Giant

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One of the world’s biggest carmakers has warned it may have to close UK factories if the British government does not renegotiate the Brexit deal. Stellantis, which owns Vauxhall, Peugeot, Citroen and Fiat, had committed to making electric cars in the UK, but says that is under threat.

It warned it could face tariffs of 10 per cent on exports to the EU due to rules on where parts are sourced from.

UK Prime Minister Rishi Sunak said did not directly address concerns made by Stellantis, but a spokesperson said the government was “determined” UK car making would remain competitive.

 

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Source: BBC NEWS

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