Vauxhall-maker Stellantis is calling on the government to renegotiate some Brexit rules or risk losing UK operations.
If the government cannot get an agreement to keep the current rules until 2027, from next year "trade between the UK and EU would be subject to 10% tariffs", it said.
A government spokesperson said that Business and Trade Secretary Kemi Badenoch "has raised this with the EU". It then lists Ford, and BMW's electric Mini, as well as Honda's investment in the US after closing its UK site in Swindon. The industry-wide fear is that the UK is missing out on a once-in-a-generation tidal wave of investment around the electrification of cars.Earlier this week, French President Emmanuel Macron hosted Tesla's Elon Musk, who hinted he might invest in a gigafactory in France.
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