Brexit: No deal would be 'hugely damaging' to car industry

Despite the car industry'd concerns about Brexit, a lone of big manufacturers have committed to building more vehicles in Britain since the EU referendum.  The government has also pledged to support the competitiveness of the UK sector after Britain leaves the EU, and has invested twenty million pounds in Burnastion alongside Toyota.  It is said that the industry was a success story and the government is seeking partnership that delivers the maximum possible benefits for both the UK and the EU economies, and maintains the strength of world leading automotive sectors.  Various companies in this sector around the UK and Europe are highly dependent on each other which is why it must be ensured that cross border trade is as free and frictionless as possible post-Brexit. Gains from free trade will bring benefits to UK consumers by lowering prices by 8% and enhancing GDP be around 4% by raising competition and productivity