Britain's Auto Industry Foresees Doom Without EU Deal Before Hard Brexit

Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), Britain’s main industry group, claims automakers were becoming increasingly concerned with the nation’s departure from the European Union. Prime Minister Theresa May wants a solution that would allow Britain to maintain strong trade ties with the EU while allowing her country to maintain autonomy, but hasn’t found much success.

U.S. President Donald Trump claims a deal with the United Kingdom is absolutely possible, saying the relationship between the two countries is “the highest level of special” late last month. But he also noted that the EU would complicated matters if Britain adhered to its trade laws after Brexit, which is just eight months away.

The European Union doesn’t seem to want to let Britain go, and is nudging the country to stick to its rules by not venturing out to make its own trade arrangements. Critics say this effectively makes the island nation a “vassal state” to the EU, completely defeating the point of Brexit. However, many are fearful that leaving the union and ignoring its mandates could have negative repercussions in the long term — especially in regard to finance and trade.

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  • 28-Cars-Later 2018 Toyota Auris: Pads front and back, K&N air filter and four tires @ 30K, US made Goodyears already seem inferior to JDM spec tires it came with. 36K on the clock.2004 Volvo C70: Somewhere between $6,5 to $8 in it all told, car was $3500 but with a wrecked fender, damaged hood, cracked glass headlight, and broken power window motor. Headlight was $80 from a yard, we bought a $100 door literally for the power window assembly, bodywork with fender was roughly a grand, brakes/pads, timing belt/coolant and pre-inspection was a grand. Roof later broke, parts/labor after two repair trips was probably about $1200-1500 my cost. Four 16in Cooper tires $62 apiece in 2022 from Wal Mart of all places, battery in 2021 $200, 6qts tranny fluid @ 20 is $120, maybe $200 in labor last year for tranny fluid change, oil change, and tire install. Car otherwise perfect, 43K on the clock found at 38.5K.1993 Volvo 244: Battery $65, four 15in Cooper tires @ $55 apiece, 4 alum 940 wheels @ roughly $45 apiece with shipping. Fixes for random leaks in power steering and fuel lines, don't remember. Needs rear door and further body work, rear door from yard in Gettysburg was $250 in 2022 (runs and drives fine, looks OK, I'm just a perfectionist). TMU, driven maybe 500 miles since re-acquisition in 2021.
  • 1995 SC I never hated these. Typical GM though. They put the wrong engine in it to start with, fixed it, and then killed it. I say that as a big fan of the aluminum 5.3, but for how they were marketing this it should have gotten the Corvette Motor at the start. Would be a nice cruiser though even with the little motor. The 5.3 without the convertible in a package meant to be used as a truck would have been great in my mind, but I suspect they'd have sold about 7 of them.
  • Rochester I'd rather have a slow-as-mud Plymouth Prowler than this thing. At least the Prowler looked cool.
  • Kcflyer Don't understand the appeal of this engine combo at all.
  • Dave M. This and the HHR were GM's "retro" failures. Not sure what they were smoking....