European automakers, suppliers warn of Brexit dislocation | autos | Hindustan Times
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European automakers, suppliers warn of Brexit dislocation

The lobbyists say 90% of commercial vehicles built in the U.K. last year were purchased in Europe, and seven out of every 10 new cars sold in the U.K. come from EU plants.

autos Updated: May 01, 2017 17:23 IST
Minis in the 'Body in white' stage of manufacture pass are seen on the production line at the BMW Mini car production plant in Oxford, west of London.
Minis in the 'Body in white' stage of manufacture pass are seen on the production line at the BMW Mini car production plant in Oxford, west of London.(AFP file photo)

European automakers and suppliers are warning about the damage that Britain’s departure from the European Union could mean to the industry.

The comments come just days before the European Union will hold a summit with the other 27 EU nations to agree on guidelines for talks on the exit, or Brexit.

The auto association is underscoring the damage that Brexit could bring to an industry that employs 12.2 million people.

The sector is complicated and integrated. A single vehicle part may pass through 15 countries before being finished. A single vehicle consists of around 30,000 parts.

The lobbyists say 90% of commercial vehicles built in the UK last year were purchased in Europe, and seven out of every 10 new cars sold in the UK come from EU plants.