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Brexit – What Impact Will It Have On The Australian Vehicle Market?

Leaving aside the politics of the issue and the breathtaking miscalculation by the ruling Cameron Tory government in calling a referendum that need not have been called, and also leaving aside the consequences for the social and political unity of the UK,


Leaving aside the politics of the issue and the breathtaking miscalculation by the ruling Cameron Tory government in calling a referendum that need not have been called, and also leaving aside the consequences for the social and political unity of the UK, the Brexit now underway – the severing of the UK from the European Union – will have an impact on Australian importers and exporters, and, certainly, on the automotive sector here.

While British vehicle brands were once a dominant force in the Australian new car market – Austin, Morris and Hillman once rivalled Holden, Ford and Chrysler here – some of ‘the old country’ nameplates, like Jaguar, Land Rover, and MINI, still  hold a reasonable slice of some key market sectors.

And others – Aston Martin, Rolls Royce, McLaren and Bentley – retain a special place among uber-premium buyers. These, and other British brands (though now mostly owned by transnational car companies), supply the Australian market from their UK factories.

TMR Managing Editor

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