PA Consulting’s Tim Lawrence, head of manufacturing, is quoted in an article in The Guardian. Tim shares his views on the impact of the approaching Brexit deadline as the UK awaits a new prime minister.
The article reports that carmakers in particular have run short of options, after previously rearranging their production schedules to try to avoid possible disruption in the aftermath of the initial 31 March deadline.
However, Tim points out that carmakers have been given some flexibility as they face a declining market across Europe, meaning they may be able to deal more easily with disruption to supplies because factories are not currently running at full capacity.
The six-month delay to the Brexit deadline has given some companies, particularly further down the supply chain, more time to make preparations that would not have been completed by 31 March, including stockpiling and making regulatory applications to EU agencies.
You can read the article in full in the Guardian. The article was also published in The Observer.