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Old 27.06.2016, 10:11
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Oh and the UK car industry, good luck with that, I read the import tariff for cars outside the EU is 10%, the uk exported 1.2m cars last years, that's a shit load of money honda, toyota, mini, land rover etc will save making cars in the EU rather then the UK (not to mention paper work and cheaper work force) - and that's before you take into account EU trade deals with other countries. The german can manufactures must be rubbing there hands.
We buy more cars from Germany than reexport to the whole of the EU so the 10% tariff is unlikely.
With the fall of 10% UK cars will cost the same in Europe & EU cars will cost 20% more in the UK. Looks like that won't happen as the EU car makers will have to swallow the currency loss to stay competitive. More like rolling on the floor crying than rubbing their hands.
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