Almost all car makers in the UK are having a hard time figuring out new trade rules post-Brexit, the Society of Motor Manufacturers and Traders (SMMT) said on Thursday, as it announced that UK car production rose for the first time in 18 months.
“Automotive businesses are working incredibly hard to maintain output, with some nine-in-ten (91%) firms spending more time and resource managing UK/EU trade than in 2020,” the body said.
More than a third (36%) are devoting more resources to ‘rest of the world’ trade.
The SMMT said that as UK automotive is export-led, maintaining free and fair trade with all nations is “crucial to its future prosperity.”
WATCH: Daily politics briefing: April 29
Exports to the EU, US and Asia were all