Car Industry Archives - Uniteforeurope

A recent article discussed Brexit’s likely impact on the British economy. The majority of voters voted to leave the European Union, a move that has continued to grow in popularity. It has a strong support among conservative and populist voters, as well as workers from low-skilled sectors. Nevertheless, Brexit has raised a host of concerns, particularly for the UK. EU share of world population will fall from 7.0 to 6.1 percent As a result of Brexit, the UK will lose its influence in EU governance. For instance, UK will no longer have a say in the decisions made by agencies of the EU. These agencies provide support to the EU and its member states. The UK will no longer have a voice in these agencies, including the European Medicines Agency, the European Aviation Safety Agency, and the European Food Safety Authority. In addition to this, UK participation in EU policies…

There are many different things that Brexit will affect such as the economy, travel, medicine and many other industries. Due to the number of changes being put in place after Britain leaves the European Union. Many industries that involve importing and building will face a huge impact due to Brexit but, one of the industries that will see a big impact on their business will be car mechanic businesses. There are many reasons as to why Brexit will affect businesses in the Car Industry, for example: Higher costs Fewer vehicle deliveries More competition between car dealers Higher Costs in the Car Industry As a result of Brexit, it will be harder to get cars from European countries without the prices increasing. Many big car brands such as BMW, Mercedes and Fiat are based in European countries. This means that Britain will have to pay more in order to get these…

Car Industry

Brexit Impact on the British Economy

Reasons Why Brexit will Affect Businesses in the Car Industry