ABS/CBN News:
Could Brexit put the brakes on Britain's car industry?
26 January 2017
Thomas Sampson, a professor at the London School of Economics, said British carmakers could suffer further disruption beyond tariffs. "Inside the customs union cross-border supply networks can flourish, but if trade in car parts faces tariffs, rules-of-origin restrictions and other border barriers, then producers will need to reorganize their supply chain, potentially causing substantial disruption to trade in the car industry," he told AFP.