11 Hrs
Source:
The Guardian
EU rules may block UK car makers
The European Automobile Manufacturers Association (Acea) has urged Brussels to include the UK in new "made in Europe" rules that require cars and parts to be produced within the EU to qualify for subsidies and public contracts. The rules, part of the Industrial Accelerator Act, aim to protect the EU industry from Chinese imports but could restrict UK manufacturers’ access to the European market, which is their largest export destination. Industry leaders warn that excluding UK factories would harm investments and competitiveness, with some British plants potentially facing closure if the rules are enforced.
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