A
Allsorts
Guest
For a vehicle to qualify as being 'made in the EU' so that it benefits from the easy, tariff-free movement of parts between the supplying EU countries, I understand that at least 55% of the parts of the vehicle have to be manufactured within the EU.
The UK is a significant manufacturer of car parts, and shifts countless pieces back and forth on a daily basis; some 'EU' vehicles use as much as 45% of British-manufactured parts.
What will happen when we are no longer in the EU; the EU will no longer be able to use parts supplied by us if it'll drop the vehicle's overall EU content to below 55%? What will happen to the circa-800,000 jobs in the car parts manufacturing business in the UK?
Oh, and nice deal by the way, EU and Japan.
The UK is a significant manufacturer of car parts, and shifts countless pieces back and forth on a daily basis; some 'EU' vehicles use as much as 45% of British-manufactured parts.
What will happen when we are no longer in the EU; the EU will no longer be able to use parts supplied by us if it'll drop the vehicle's overall EU content to below 55%? What will happen to the circa-800,000 jobs in the car parts manufacturing business in the UK?
Oh, and nice deal by the way, EU and Japan.