Higher taxes and more red tape could see more vehicle and component production moving to low-cost eastern European markets, threatening jobs and damaging the UK economy.View the letter in full here
The warning comes from the Society of Motor Manufacturers and Traders in letter to Chancellor Gordon Brown MP.
SMMT chief executive Christopher Macgowan said: “The Government must not burden automotive manufacturing in the UK off the European map. Manufacturers must have the confidence to develop their operations and government must help us meet the competitiveness challenge.
That means a light regulatory touch and an integrated approach to regulation in environmental and transport policy.”
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