<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p>A senior official at car giant Ford has warned that a hard Brexit could be a “significant threat” to the UK’s automotive industry.</p>
<p>Steven Armstrong, Ford’s group vice president, said a hard Brexit was a “red line” for his company. While we think this is a worst-case scenario and that a UK-EU deal will be reached, we will take whatever action is necessary to protect our business in the event of a hard Brexit</p>
<p>He said in a statement: “It could severely damage the UK’s competitiveness and result in a significant threat to much of the auto industry, including our own UK manufacturing operations.</p>
<p><!--Ads2--></p>
<blockquote><p>“While we think this is a worst-case scenario and that a UK-EU deal will be reached, we will take whatever action is necessary to protect our business in the event of a hard Brexit.</p></blockquote>
<p>“It’s vital that any UK-EU deal maintains frictionless trade, and we know from our own experience that a Canada-style deal will not deliver a seamless UK-EU border.</p>
<p>“We export engines and import vehicles under the current EU-Canada deal and there are significant customs and border checks at both ends. If this was introduced for all UK-EU trade, the level of congestion and blockages at the ports would undermine our just-in-time manufacturing system.”</p>
<p>If the UK is to remain competitive, any UK-EU trade deal must ensure guaranteed frictionless trade so that industry can plan for the longer term, he added.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-68ed81f630156">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-68ed81f630156',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.