Quote Originally Posted by Witton Park View Post
Why require?


UK Car Manufacturing and our Imports and Exports
Figures are 1st quarter 2016 and are from HMRC trade info figures for Chapter 87 Products (Vehicles). Amounts are £s Billions.
EU Imports = 11.9 UK Exports to EU = 4.3
RoW Imports = 2.3 UK Exports to RoW = 4.4
UK Sales in UK = 2.6
Ttl UK Market = 16.8 Ttl UK Manufactured = 11.3
Those are interesting figures Witton. Most tariffs under WTO rules are much less than 10%, I believe about 3% or 4%. But because they are 10% on cars David Cameron and others in the remain campaign go on about the potential damage to the UK car industry if we exited the EU. Strangely enough they never go on to say that the EU exports far more cars to us and therefore will most definitely not want a 10% tariff.

Hard to imagine the CEO's of Audi, Mercedes, BMW and others not banging on the door of Mrs Merkel demanding a free trade deal with the UK.