EconomyEU trade measures threaten UK auto recovery, SMMT warns
The Society of Motor Manufacturers and Traders says EU proposals could exclude British-built vehicles from the bloc, while stricter rules of origin from 2027 could impose £1.4 billion in annual tariffs on two-way EV trade. It warned these measures threaten a forecast recovery in UK vehicle production and said domestic EV sales targets are also pressuring manufacturers.
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CGTN★★★☆☆2026-10-30 00:46Original
EU trade measures threaten UK auto recovery, SMMT warns
Economy