London - Britain’s car industry called on Tuesday for the next prime minister to secure a Brexit deal which keeps frictionless trade with the EU, warning a no-deal exit risked billions of pounds in tariffs and border disruption which could cripple the sector.
Boris Johnson, the frontrunner to succeed Theresa May, and his leadership rival Jeremy Hunt have both said they are prepared to take Britain out of the EU without a deal, although both says it is not their preferred option.
Chief Executive of the Society of Motor Manufacturers and Traders (SMMT) Mike Hawes said the impact of Brexit was already being felt.
"We are already seeing the consequences of uncertainty, the fear of no deal," he said.
"The next PM’s first job in office must be to secure a deal that maintains frictionless trade because, for our industry, ‘no deal’ is not an option we don’t have the luxury of time."