The worldwide stock prices fall because of UK's departure!: After UK announced its decision of leaving European Union a huge scandal in auto industry has started. First of all you should know that the auto industry was affected a lot, stock prices across the world have taken a huge hit following Brexit. Have you wondered how do investors feel like now? Their confidence has dropped across many sectors, of course auto industry is one of them.
Considering the country is one of the largest manufacturing hubs in Europe, it now has to make a decision upon the way it will move on from this exit. The most important question here is will Europe and U.S. buy vehicles from U.K for now on? Do they feel betrayed or they somehow understand this important decision made by the country and will support it? We wanted to remind you that about75% of the manufactured in UK cars are being exported. The British automakers aren't the only ones suffering from this decision, dealers, suppliers and even transportation companies likePenske are now experiencing falling down stock values.
Considering the country is one of the largest manufacturing hubs in Europe, it now has to make a decision upon the way it will move on from this exit. The most important question here is will Europe and U.S. buy vehicles from U.K for now on? Do they feel betrayed or they somehow understand this important decision made by the country and will support it? We wanted to remind you that about75% of the manufactured in UK cars are being exported. The British automakers aren't the only ones suffering from this decision, dealers, suppliers and even transportation companies likePenske are now experiencing falling down stock values.
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