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Why Brexit is a dangerous distraction from industry鈥檚 global challenges

22 Feb 2019

Honda鈥檚 announcement this week that it plans to close its Swindon plant in 2021 is devastating news for the people who work directly for the company but also for those in the supply chain, and a blow to UK automotive manufacturing as a whole.

Automotive is a finely balanced ecosystem 鈥� not just within the UK but across the world. The global聽industry is facing fundamental changes: technological, commercial and environmental, as well as escalating trade tensions. All manufacturers are facing difficult and expensive decisions.

The UK should be at the forefront of these changes, championing its competitiveness and innovation, rather than having to focus resources on the need to avoid a catastrophic 鈥楴o Deal鈥� Brexit. While the UK鈥檚 departure from the EU might not be a direct factor in all these tough business decisions, the current uncertainty just gives investors a reason to delay or even to look elsewhere. There are 35 days to go until we leave the EU and still no one knows quite what to expect.

We should be focused on the big issues 鈥� connectivity, driverless technology, more environmentally friendly powertrains, the list goes on. SMMTis providing forums to do that with SMMTConnected 2019, the Future Mobility Challenge and other events that look at these important topics. Every day that passes without consensus on Brexit is a day lost in the race with our competitors. We need to get a deal and move on urgently, to show that Britain remains at the forefront of research and development as well as being a good place to do business.

Our sector has been built on the promise of frictionless trade and access to markets far larger than just the UK. It鈥檚 crucial that we get progress towards an agreement with the European Union this coming week. We need certainty, we need frictionless trade and we need a deal that safeguards the hundreds of thousands of jobs that depend on UK Automotive.

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