Automaker warns over UK operations and calls for Brexit trade deal renegotiation
By PAN PYLAS
Associated Press
LONDON (AP) — The world’s fourth-biggest carmaker by sales has warned of a potential existential threat to large parts of the British car industry unless the government moves to alter the terms of its post-Brexit trade deal with the European Union. In a submission to a parliamentary inquiry into the supply of batteries for electric vehicles released Wednesday, the parent company of Citroen, Fiat, Peugeot and Vauxhall said it may not be able to keep its commitment to manufacture them in the U.K. without changes to the terms of the deal. Stellantis said the deal represented a “threat” to its export business and the “sustainability” of its manufacturing operations.