Brexit could make Britain's car industry 'extinct'
ABC News 10 -

The head of Britain's top business lobby group says the country's car industry could be wiped out by Brexit.

"There is a risk that the auto industry in the UK faces extinction if there's no customs union after Brexit," warned Paul Drechsler, president of the Confederation of British Industry (CBI).

Britain is set to leave the European Union at the end of March 2019, but the UK government has not made clear how trade will be conducted with the country's biggest export market.

One of the largest...

Loading...

Related Articles