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UK car industry opposes Brexit

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Update: 2016-06-20 02:45:49
UK car industry opposes Brexit Photo Courtesy: telegraph.co.uk

DHAKA: The UK’s car industry, more leading businessmen, and the chairman of football's Premier League have backed the campaign to stay in the EU.

The car industry’s trade body and company executives warned that leaving would increase costs and threaten jobs, reports the BBC.

Premier League chair Richard Scudamore also backed Remain and said the 20 clubs in the top tier wanted to remain.

Vote Leave rejected the idea that leaving would hurt the car industry, instead saying it could help exports.

The group also dismissed Sir Richard Branson, and drinks giant Diageo boss Ivan Menezes proclamations of support for Remain, claiming they have already voiced pro-EU support and the latest comments were no surprise.

The Society of Motor Manufacturers and Traders’ (SMMT) chief executive Mike Hawes said a vote to leave the EU would ‘jeopardize’ the industry’s continued success.

‘Remaining will allow the UK to retain the influence on which the unique and successful UK automotive sector depends,’ he said.

BDST: 1234 HRS, JUN 20, 2016
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