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.
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