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Brexit no-deal could stop Aston Martin production

From BBC - November 14, 2017

Aston Martin has said it may have to halt production if the UK fails to strike a Brexit deal with the EU.

All new cars in the UK must have Vehicle Certification Agency (VCA) approval, which is valid in the EU.

Without a UK-EU deal, that validity would cease for new cars from March 2019.

Mark Wilson, Aston Martin's finance chief, said it would have the "semi-catastrophic effect of having to stop production".

"We are a British company. We produce our cars exclusively in Britain and will continue to do so," he said.

"Recertifying to a new type of approval, be that federal US, Chinese or even retrospectively applying to use the EU approval, would mean us stopping our production."

However, Mr Wilson added: "We suppose there will be a transitional arrangement. During that transition we would have to look to see how Aston Martin could recertify under a non-VCA approval structure."

Transition

Mr Wilson was giving evidence to the Business Select Committee along with Mike Hawes, Society for Motor Manufacturers and Traders chief executive, and Patrick Keating, Honda Motor Europe's government affairs manager.

All three called for clarity on a transition deal with the EU.

Integration

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