The SMMT today announced that investment into the UK's automotive industry has almost halved in H1 2018 versus H1 2017. Brexit is the primary culprit, with major manufacturers facing uncertainty on the UK's future trading arrangements with the EU.  Until clarity is given, we anticipate other multinational corporations will openly express similar concerns to those of BMW. 

All of this uncertainty means manufacturers are thinking twice about their investment decisions in the UK, or deferring their investments until clarity is given. Other manufacturing sites around the world will compete heavily to win new model lines and expansion plans at the expense of the UK, particularly in EV and hybrid vehicle manufacturing. It remains to be seen whether the UK automotive sector will prosper from Brexit, or whether it will be left in the slow lane. Either way, we will be following it closely and monitoring investor sentiment through our contacts at international corporate acquirers.