Brexit: what are carmakers’ contingency plans?

From stockpiling to Nissan’s U-turn on making new model in the UK, here’s what firms are doing

UK-based ​carmakers have triggered a wave of Brexit contingency plans, with Nissan the latest manufacturer to warn that uncertainty around leaving the EU is “not helping” companies.

The British car industry is a major exporter, with eight out of 10 cars sold abroad to markets including the EU, the US and China. The sector made more than 1.5m cars last year, although the industry body, the Society of Motor Manufacturers and Traders, revealed that investment by manufacturers almost halved in 2018 to £588.6m.

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