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Post-Brexit ‘rules of origin’ tariffs would harm our competitiveness, EV transition, carmakers tell EU

By Jakub Krupa ( October 25, 2023, 15:28 GMT | Insight) -- Carmakers today redoubled their efforts to prevent tariffs caused by “rules of origin” requirements in post-Brexit trade settlement, warning the European Commission they would harm their competitiveness and "lead inevitably to lost market share to global competitors." In a rare show of unity, 15 senior executives from the industry — representing brands such as BMW, Hyundai, Ford, Mercedes-Benz, Renault, Volkswagen, and Volvo — told commission president Ursula von der Leyen that the refusal to relax the rules temporarily would have "significant direct consequences in terms of a potential loss of EV manufacturing output in Europe."Carmakers today redoubled their efforts to prevent tariffs caused by “rules of origin” requirements in post-Brexit trade settlement, warning the European Commission they would harm their competitiveness and "lead inevitably to lost market share to global competitors."...

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