Article 37ZA8 Honda UK warns MPs of consequences of leaving EU customs union

Honda UK warns MPs of consequences of leaving EU customs union

by
Dan Roberts Brexit policy editor
from on (#37ZA8)

Motor industry says threatened new tariffs could add 1,500 to price of an imported car, and make exports more expensive too

The devastating impact of a hard Brexit on the UK car industry was laid bare on Tuesday to MPs, who were told every 15 minutes of customs delays would cost some manufacturers up to 850,000 a year.

Presenting the industry's most detailed evidence yet to the business select committee, Honda UK said it relied on 350 trucks a day arriving from Europe to keep its giant Swindon factory operating, with just an hour's worth of parts being held on the production line.

Related: Brexit: failure to update customs system could be 'catastrophic'

Related: EU business leaders tell PM: agree Brexit deal or face collapse in confidence

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