Europe’s car manufacturers have called on Brussels to take a less restrictive stance on future market access to the UK, warning that aspects of the bloc’s current position are “not in the long-term interests of the EU automotive industry”. The letter from the European Automobile Manufacturers’ Association (ACEA) — a group that represents companies including BMW, Toyota and Fiat — urges Brussels to “reconsider its position” on rules for determining whether goods will qualify for tariff-free trade.
The letter, sent on October 15 and seen by the Financial Times, is a sign of how key EU industries are concerned about the potential economic fallout of Brussels’ approach to the negotiations.