Oct 4, 2018

Car sales plunge as Nissan warns on Brexit

New car sales in the UK plunged in September, figures show, while the country's biggest carmaker has warned of the effects of a no-deal Brexit. Nissan said a no-deal Brexit would have "Serious implications". Sales of petrol and diesel cars were down, but those of hybrids and plug-in electric vehicles actually rose, although only by 3.9%. Since 1 September, all cars sold in the EU have had to undergo a new test known as the Worldwide Harmonised Light Vehicle Test Procedure. The carmaker said that frictionless trade as part of the EU single market had enabled the growth that had seen its Sunderland plant become "The biggest factory in the history of the UK car industry, exporting more than half of its production to the EU". "It added:"Today we are among those companies with major investments in the UK who are still waiting for clarity on what the future trading relationship between the UK and the EU will look like. "As a sudden change from those rules to the rules of the WTO will have serious implications for British industry, we urge UK and EU negotiators to work collaboratively towards an orderly balanced Brexit that will continue to encourage mutually beneficial trade."

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