A British car industry group has urged Prime Minister Boris Johnson to avoid leaving the European Union without a deal, warning it would present an "existential threat" to the sector.
The Society of Motor Manufacturers and Traders wrote the newly installed leader to underscore the importance of the 18.6-billion-pound industry.
The letter says a no-deal Brexit "would result in huge tariff costs and disruption that would threaten production."
Disclaimer: No Business Standard Journalist was involved in creation of this content