A poor Brexit deal will put at risk Britain's leadership in technology for high-performance cars, a Society of Motor Manufacturers and Traders report has warned. While the UK is the global leader in low-volume and high-value car manufacturing, that status could be endangered by leaving the European Union, it warned. British developers of new technologies could feel the impact if they're unable to influence European rules to remain competitive amid ongoing innovation, it warned. Meanwhile, Aston Martin, CEO of Andy Palmer, said he expects a good Brexit deal, as the UK is "too important" for European car makers.
A poor Brexit deal will put at risk Britain's leadership in technology for high-performance cars, a Society of Motor Manufacturers and Traders report has warned. While the UK is the global leader in low-volume and high-value car manufacturing, that status could be endangered by leaving the European Union, it warned. British developers of new technologies could feel the impact if they're unable to influence European rules to remain competitive amid ongoing innovation, it warned. Meanwhile, Andy Palmer, CEO of Aston Martin, said he expects a good Brexit deal, as the UK is "too important" for European car makers.