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South: Remaining in Europe is best for our business, say motor manufacturers

By Dan Teuton
10 March 2016

A new survey by independent pollster ComRes reveals that 77% of members of The Society of Motor Manufacturers and Traders (SMMT) say remaining in Europe is best for their business.

88% of large SMMT member companies and 73% of SME members are in favour of remaining. Some of the key reasons given for staying in the EU include the importance of economic and market stability, securing the UK’s global competitiveness, and access to the single market’s free trade opportunities.

SMMT, which represents the breadth of UK automotive businesses, from car and CV makers to parts suppliers and aftermarket companies, is broadly recognised as the voice of the UK motor industry which supports 800,000 jobs across the UK and contributes £15.5 billion to the UK economy.