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Brexit Businesses Car Industry

Reasons Why Brexit will Affect Businesses in the Car Industry

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…

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