The Geneva International Motor expose opens this week amid growing concerns approximately the impact of Brexit on car manufacturers in the UK and across Europe. Experts expect that a no-deal Brexit could lead to sudden tariffs that could disrupt the auto industry supply chain. With three weeks left until UK’s planned exit from the EU,some car manufacturers see the annual Geneva motor expose as an opportunity to warn against a no-deal separation while solidifying plans to cope with disruptions, according to Keystone-SDA. Britain is Europe's second-biggest buyer of cars and fourth biggest manufacturer. If Britain leaves the EU on March 29 without a withdrawal deal, and Reuters news agency reports that vehicles could become harder and costlier to beget,and more expensive to buy. Possible tariffs of up to 10% on vehicles moving between Britain and the EU could hold repercussions across the industry. "I'm sure I speak for most of the country when I say, we just want to derive it done. We just want to ...
Source: swissinfo.ch