France has given the British car industry a major boost by suggesting that the EU could allow UK-made vehicles to qualify for “Made in Europe” subsidies.
Under current EU proposals, vehicles for corporate fleets and small electric vehicles would have to be assembled within the bloc in order to be eligible for public procurement and subsidies. Nissan, one of the UK’s biggest automotive employers, said it would shut its flagship Sunderland factory were the policy to take effect.
France’s trade minister told the FT that his country was now asking Brussels to solve the “problem” of the UK’s exclusion.
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