One of the main concerns over the Brexit vote that took place in the summer of 2016 was the impact it would have on UK industries. With so many cars that are manufactured in the UK being shipped abroad, it’s natural that many figures in the car industry were worried about the negative effect that Brexit might have. However the figures from 2016 show that the decision to leave the European Union has not yet had any negative effect. In fact, in 2016 the numbers of cars built by UK factories was the highest for 17 years, with 1.7 million cars being produced.
However these numbers don’t mean that they’ll be no problems caused by the Brexit vote. There are still concerns about how UK plants will remain competitive when the full effects of the vote are felt as well as concerns of increased duties on UK-made cars.
Speaking of British-made cars, four British-born brands have made it to the 2017 World Car of the Year finalists list. Models from Aston Martin, Bentley, Jaguar and McLaren have ensured that the UK will have a great showing at this year’s event, which takes place on April 13th in New York.
Germany and Japan have very strong showing in the finalists list, with German car manufacturer, Audi having 3 of its vehicles making the finals for the World Car of the Year award. Japan is also very well represented in the awards. However the UK has beaten off competition from the likes of the US and South Korea.