Brexit's auto crash

Brexit's auto crash

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Brexit fears and diesel vehicle antipathy have combined to put a dent in driver confidence – UK car output found reverse gear last year for the first time 2009 with plant output down 3% on 2016.

Prospective UK buyers were reluctant to commit to high-level spending decisions and that is likely to continue – the Society of Motor Manufacturers and Traders is forecasting a tough year for UK motor manufacturing as investment declines.

Car maker Aston Martin said last month that if no Brexit deal is reached, a temporary halt in production may be inevitable at the firm.

The SMTT says the country needs an urgent agreement on the terms of a post-Brexit transition deal. “This must be comprehensive, result in no change and allow business to continue as usual until a new trading relationship with the EU is in place. This means maintaining the UK’s membership of the single market and customs union.”

Cashing in on crypto

Cashing in on crypto

Facebook fakes it

Facebook fakes it