Brexit Deal May Yet Damage U.K.’s Car Industry

The UK's car industry faces challenges post-Brexit, with automakers like Nissan struggling to qualify for tariff-free exports to the EU. While some deals have been made, content requirements remain a concern. UK consumers may face higher vehicle prices due to tariffs, and the market outlook for 2021 is bleak. Luxury brands like Rolls Royce and Bentley are less affected, but Mini's future production in the UK is uncertain due to potential tariffs.

What was one of the main reasons Nissan decided against bringing an electric vehicle to the UK?

• Environmental regulations

• Lack of demand

• Brexit risk

• High production costs

What is a potential consequence for UK consumers due to the Brexit deal?

• Decrease in car prices

• More car models available

• Increase in car prices

• Improved car quality

How much could tariffs potentially add to the cost of certain car models in the UK?

• A few hundred pounds

• A few thousand pounds

• A few thousand euros

• A few hundred euros

What is the main concern for the UK car market in 2021?

• Stable market conditions

• Rapid growth

• Increased foreign investment

• Severe shrinkage

Which luxury car brands are mentioned as likely unaffected by the Brexit deal?

• Peugeot and Citroen

• Volkswagen and Audi

• Rolls Royce and Bentley

• Toyota and Ford

What was BMW's potential response to tariffs affecting Mini cars?

• Reduce the number of models

• Increase production in the UK

• Shift production to Germany or China

• Stop production entirely

What is the uncertainty surrounding Mini cars related to?

• Tariff impacts

• Production quality

• Environmental standards

• Consumer demand