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U.K. Auto Industry Already Feeling the Brexit Pinch

Jan 31, 2019 - The New York Times

LONDON — Investment in Britain’s auto industry plummeted last year as the country’s departure from the European Union drew nearer without agreement over the terms of leaving the bloc, figures released on Thursday show.

Investment in 2018 dropped 46.5 percent from the year before, according to data from the Society of Motor Manufacturers and Traders, a British trade association.

With the Brexit debate in London and Brussels mired in disagreement and recriminations, concerns an...