The chief of Germany's Automotive Industry Association (HERE) says uncertainty surrounding brexit could do damage to German investment in the UK where they have about 100 plants. The BBC story about it is HERE.
Warning that the government was at a crossroads and had to decide soon which direction to take, Wissmann told the BBC: “We need, relatively soon, a clear answer … Will we have tariff and non-tariff barriers between Britain on the one hand and the European Union?”
Trade barriers would mean “a long period of uncertainties that will block future investments in Britain, and that makes me really concerned”, he said. “I hope that the British government … decides to go for the single market and not for any other regime which would need years to discuss and negotiate.”
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