Britain should follow EU regulation to keep costs low, says Ford boss
Britain should continue following EU car regulations to avoid extra costs for consumers, says the boss of Ford.
"Otherwise, what we're going to see is a lot of extra cost come into the cost of developing vehicles and producing vehicles and that can't be a good thing for customers." Mr Slatter told BBC Newsnight: "The trade and cooperation agreement remains the critical thing - frictionless trade, tariff free trade. It's very important that Great Britain maintains good regulatory alignment with the European Union.
That will happen if electric cars built in the UK or the EU bust one or more of two targets: having more than 45% of any vehicle by value, or 60% of their battery, made from parts outside the EU and the UK. But EU countries selling to each other will not face the tariff. This means the tariff would not have applied had the UK remained in the EU.
It will represent a "double whammy", he added. The tariff would increase car prices for consumers, add costs to industry and undermine two key targets: increasing the production of Battery Electric Vehicles and ensuring all cars are Zero Emissions Vehicles.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Indiana Jones star Harrison Ford says he has no plans to retire'I don’t do well when I don’t have work.'
Lire la suite »
Harrison Ford Gives A Very Candid Response When Asked About RetirementHarrison Ford might be ready to hang up his bullwhip and fedora for good – but the 80-year-old feels quite differently about retirement.
Lire la suite »
Newcastle want to follow up Tonali transfer with £97m swoop for English-based trio - Football365Newcastle United reportedly want to follow up the signing of Sandro Tonali with deals for James Maddison, Kyle Walker-Peters and Joachim Andersen.
Lire la suite »
Former UK student says family in 'living hell' in Afghanistan after 'rejection' by Britain“I cannot venture out and seek employment even if I wanted to because my whole existence – my way of life, values, lifestyle and education – are British,” Azfaar* said LaurenMedlicott reports
Lire la suite »
Britain bakes: UK to get five more heatwavesThe UK is set to roast in five more heatwaves by September as Sunday became the joint hottest day of the year so far.
Lire la suite »