“As expected” mumbled Commission president Juncker when an aide passed him a note saying Trump had decided to impose tariffs on European steel and aluminium. The American administration had been playing with the Europeans for nearly two months but threats of retaliation, offers of new trade deals (TTIP light), and a grand visit from the French president had done nothing to dissuade US president Donald Trump.
Britain’s supply of electric and plug-in hybrid vehicles could dry up after Brexit as carmakers will lose a strong incentive to sell low-emission vehicles there, a new report has found. The UK was the third largest market for zero emission vehicles in the EU last year, and the largest for plug-in hybrids. But as British sales of these cars will no longer count towards carmakers’ EU CO2 targets after Brexit, they may choose not to sell them in the UK at all, according to the analysis by sustainable transport group Transport & Environment (T&E).
The automotive industry plays a vital role in the economy of the EU and the UK, representing a significant part of exports and employing millions of people. However, the UK departure from the EU Single Market on 29 March 2019 could inflict profound harm to its automotive industry and, consequently, to its economy. This report analyses the consequences of Britain's departure from the EU for the automotive sectors in the UK and Europe.