British auto industry in crisis mode | Business| Economy and finance news from a German perspective | DW | 12.12.2019
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Business

British auto industry in crisis mode

80 percent of Britain’s auto exports go to the EU. So it’s easy to see why British car companies and above all their suppliers feel deeply uncertain about Brexit. Some firms are looking for new customers in other sectors outside the highly globalized auto industry. Others want to set up plants in new locations outside the UK.

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