Brexit could make UK car industry 'extinct'

as declared in The head of Britain's top business lobby group says the country's car industry could be wiped out by Brexit. "There is a risk that the auto industry in the UK faces extinction if there's no customs union after Brexit," warned Paul Drechsler, president of the Confederation of British Industry (CBI). "If we do not have a customs union, there are sectors of manufacturing society in the UK which risk becoming extinct," said Drechsler. The UK auto manufacturing sector employs over 800,000 workers and depends upon a complicated supply chain for shipping parts and cars. Related: Brexit could hurt UK car industry's electric dreamsThe auto industry is also sounding the alarm.

UK car sales drop as manufacturers warn Brexit is hurting the industry

UK car sales fell by 3.5 per cent in June, as demand for diesel vehicles dropped more than 28 per cent, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The decline in diesel sales more than offset a 45 per cent increase in the number of alternatively fuelled vehicles being registered, as well as a 12.3 per cent uptick in petrol. Mike Hawes, SMMT chief executive, said: "Despite a rocky first six months for the new car market, it's great to see demand for alternatively fuelled vehicles continue to rise. He added: "The industry has rightly been more vocal in recent weeks, with the lack of clarity around what the playing field will look like for the motor market post-Brexit growing. The SMMT revealed last month that investment in the UK motor industry had halved in the first half of 2018, due to uncertainty about the future post-Brexit.

How Japan came to dominate the Philippine car industry

as mentioned in IMAGE From the archives of Richard Wilhelm RagodonUntil late December in 1941, Filipinos had no idea that Japan was already producing a wide selection of cars, trucks and even tanks. For the first time, Datson (that's not a typo), Isuzu, Komatsu, Toyoda and others were introduced to the general public. The first car company to make an appearance after the war was Isuzu. ADVERTISEMENT - CONTINUE READING BELOWBy the early '60s, Japan had become active in promoting its vehicles globally. IMAGE From the archives of Richard Wilhelm RagodonIMAGE From the archives of Richard Wilhelm RagodonIMAGE From the archives of Richard Wilhelm RagodonNote: This article first appeared in Top Gear Philippines' December-January 2015 issue.

collected by :Catlin Logan

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