As the Brexit deadline of October 31 approaches, automotive industry leaders are cranking up the rhetoric
LUXEMBOURG - SEPTEMBER 16: British Prime Minister Boris Johnson and European Commission President Jean-Claude Juncker emerge after a working lunch As the Brexit deadline of October 31 approaches and the possibility Britain and the European Union might fail to agree a withdrawal deal looms larger, automotive industry leaders are cranking up the rhetoric, with PSA Group CEO Carlos Tavares saying failure to agree would destroy the lives of the next generation of people in the U.K.
Johnson and Barnier met in Luxembourg Monday, along with European Commission President Jean-Claude Juncker. Other automotive industry leaders have been demanding an agreement between Britain and the EU that will allow them to thrive. The industry representative organization in Britain, the Society of Motor Manufacturers and Traders , has demanded that if no agreement is possible by October 31, the deadline should be extended for a month or two.
“Leaving without a deal would be the worst outcome. If it takes an extra couple of months to get that deal, I think the industry would put up with that,” SMMT chief executive Mike Hawes told Reuters at the Frankfurt Auto Show last week.
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