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Honda UK warns MPs of consequences of leaving EU customs union14 Nov 2:10pm

Honda UK warns MPs of consequences of leaving EU customs union

The Guardian
Car industry says border checks would be ‘challenging’, tariffs costly and an end to regulatory approval ‘semi-catastrophic’ The devastating impact of a hard Brexit on the UK car industry was laid bare on Tuesday to MPs, who were told every 15 minutes of customs delays would cost some manufacturers up to £850,000 a year. Presenting the industry’s most detailed evidence yet to the business select committee, Honda UK said it relied on 350 trucks a day arriving from Europe to keep its giant Swindon factory operating, with just an hour’s worth of parts being held on the production line.
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