Survey: Which sector will be hit hardest by a no-deal Brexit?

02 August 2019

Survey: Which sector will be hit hardest by a no-deal Brexit?

2 August 2019

Brexit is looming upon the UK and no one really knows whether the country’s government will be able to secure a deal with the EU or not. New Prime Minister Boris Johnson has stated he wants to have an agreement in place by 31 October, but has not ruled out a ‘hard’ Brexit.

The automotive industry has, therefore, been finding its voice in opposition of this possible situation once again. Autovista Group wants to know which sector in the industry would be hardest hit by a no-deal Brexit. Would car manufacturers pull production out of the UK, or would the situation make it harder for companies to hire skilled researchers? Will customs delays and tariffs affect the supply chain or could economic instability hit sales?