European automotive industry calls for trade deal with UK

The lack of a free trade agreement with the UK at the end of 2020 will translate into over €100 billion in losses for the European automotive sector over the next five years, the main organizations of the automotive industry are alarming and calling for the conclusion of this agreement.

At the end of 2020, a transitional period will pass, in which the rules for trading with the UK are kept unchanged after Brexit.