Whether we voted Leave, Remain, or didn’t vote in the 2016 European referendum at all, none of us voted to destroy Britain’s car industry.
The UK car industry is one of our country’s major success stories. It supports more than 800,000 jobs nationally and invests heavily in our communities, from Swindon to Sunderland.
Hundreds of thousands of job losses
Worryingly, the government's Brexit deal is putting this industry at risk and with it they're putting tens, if not hundreds of thousands of jobs, via the manufacturing supply chain at risk too.
The UK’s largest car manufacturer, Jaguar Land Rover, has said Brexit is contributing to its 4,500 job cuts. The uncertainty of Brexit has fuelled Nissan’s recent decision to abandon building its next flagship model in Britain, as well as two European car parts suppliers, Schaeffler and Michelin, to close their factories in Wales and Plymouth. Toyota and BMW have also said some of their plants could close in the event of a “no-deal” Brexit.
Honda closing in Swindon
This all comes on top of the most recent news that Honda just announced it will be closing its plant in Swindon, which business minister Greg Clark said was compounded by “Brexit uncertainty”, putting 3,500 people out of work.
It is impossible to imagine these car companies changing their minds or making new investments with Brexit uncertainty undermining our current frictionless relationship with the EU.