Panic grows among carmakers at prospect of no-deal Brexit

Firms including BMW and Toyota warn of potential UK job losses and plant closures

Carmakers employing thousands of people have issued stark warnings of an exodus from the UK in the event of a no-deal Brexit, in the clearest signal yet of the panic spreading through the industry.

With 24 days left until Britain’s scheduled departure from the EU, some of the automotive industry’s most senior figures offered a bleak assessment of the dangers facing a sector on which more than 850,000 people rely for their livelihoods.

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