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Car manufacturing faces existential crisis under WTO Brexit - SMMT

Car manufacturing will lose 1.5 million cars and over £40 billion in revenues by 2024 if the UK ends up with the sort of hard Brexit implicit in PM Boris Johnson's Withdrawal Agreement and the Conservative election manifesto, the SMMT warns. The Society of Motor Manufacturers and Traders urges all political parties to put UK Automotive at the heart of their economic and trade policies, and says that only an ambitious Brexit deal will deliver on UK's green growth ambitions, and avoid an existential crisis for the industry.

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