The Society of Motor Manufacturers and Traders - the SMMT - (HERE) report a strong increase in demand for cars in the year ended June 2016 but warns that future prospects depend on maintaining tariff free access to the single market. It says the 10.4% growth was driven by decisions to invest on the basis of demand from its biggest market, the EU.
"These decisions were based on many factors but, primarily, on tariff-free access to the single market, economic stability and record levels of productivity from a highly skilled workforce," said Mike Hawes, SMMT chief executive.
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