The Impact of Brexit on Motor Industry in UK
- 10.2991/ictim-17.2017.17How to use a DOI?
- UK, Motor Industry, Brexit
The paper provides studies review on the effect of English economy after Brexit in June 2016 and an analysis of risks arising in the motor manufacturing industry under the effect of Brexit. The economy of UK is in general experiencing stable growth in the latest years, but from the perspective of trading, sterling, investment and negotiation ability of UK, there will be a large negative impact in the long term after withdrawn from EU. The motor manufacturing industry as a great contributor to the country's economy and a sector with large export and import trading is another angle of view analyzing the effect Brexit has on the whole economy of the United Kingdom. Thus the negotiation and agreement reached in two years is important for both the UK government and EU to determine the further relationship and in order to minimize cost and ensure continued economy growth.
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Aimin Zhang AU - Ran An PY - 2017/09 DA - 2017/09 TI - The Impact of Brexit on Motor Industry in UK BT - Proceedings of the International Conference on Transformations and Innovations in Management (ICTIM 2017) PB - Atlantis Press SP - 210 EP - 220 SN - 2352-5428 UR - https://doi.org/10.2991/ictim-17.2017.17 DO - 10.2991/ictim-17.2017.17 ID - Zhang2017/09 ER -