How Will Brexit Effect The UK Automotive Sector? — Future Insights Network Contingency Plan For Automotive Industry

How Will Brexit Effect The UK Automotive Sector? — Future Insights Network Contingency Plan For Automotive Industry

Contingency plan for automotive industryInitiative highlights contingency preparing minefield, with alterations to regulations, onerous customs processes, tariffs and restricted access to talent among complex challenges facing sector. There are historic, structural reasons why the automotive sector will be specifically tough hit by customs, border and trade problems. It is a truly international business, by way of the worldwide attain of key makers into hugely interconnected provide chains and capabilities networks. Production, of course, centres on Just in Time and associated philosophies, with an agile, frictionless supply chain critical to its effectiveness. As a single automotive leader told me lately, a delay of just a couple of minutes for components at the border can have a profound (and expensive) effect on production. The nightmare scenario of significant border delays would price millions in the sector.

E. Brown’s experience in the automotive industry contains senior management positions with Brownlee Riota Motors U.S.A (Group Vice President of Marketing and advertising) Jones Motors Corporation and Bounder Automotive, U.S.A. He has owned 5 automobile franchised dealerships and has served on the Board of Directors of Brownlee Motors Corporation, U.S.A. He also has substantial experience in insurance, automobile dealership financing and true estate.

A recent example of a recall by an automotive supplier is Takata, an international company that is a specialist for occupant protection. The company’s airbags are installed in millions of autos worldwide, developed by much more than two dozen distinct producers. In June 2015, Toyota once again responded to top quality defects from …

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