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Sustainable FTA Policies Need to be Instituted to Protect the UK Automotive Industry from Collapse
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This market insight provides a detailed analysis of the impact of the recently concluded Brexit vote, on the global automotive industry. It provides information on present, future, and impact focus on the following: 1. Automotive participants, including OEMs and suppliers, both in the UK and Europe 2. UK and European markets3. Economic implications with insights into labor and cost of doing business4. Technological advancements occurring in the automotive industry, especially with regard to autonomous and electric vehicle technologiesThere are also case studies to highlight the possible impacts of these focuses on major OEMs and suppliers operating in the UK, including Volkswagen, Renault Nissan, and GKN. The insight finally provides a forecast on what the scenarios could be for the British Automotive Industry, either with free trade or new taxation laws, and how strategies can be instituted to best navigate through them.
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