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> Nearly six million vehicles are produced in Germany each year, and approximately 5.5 million are produced overseas by German brands 1.5m produced in the UK .
by peteretep 7y ago
> Nearly six million vehicles are produced in Germany each year, and approximately 5.5 million are produced overseas by German brands
1.5m produced in the UK ... a large chunk of which are for German brands.
The UK automotive industry may be fucked, but the German one is 4 times bigger, and also directly exposed to Brexit and weakness in the UK industry.
- lispm 7y ago> 1.5m produced in the UK Many of them made for exports - especially to the EU. This is the problem. This will be less profitable and more complex. Currently Britain is in the EU and seen as an entry to that market. This will be gone soon. Much of that manufacturing looks to move to the EU.