One of the principal arguments put forth by Brexit supporters is that by freeing the UK from the stranglehold of EU law, the country will be able to expand its markets through increased bilateral trade and enhance economic growth. This book tests this proposition by reference to the car industry.
Brexit and the Car Industry explores the international position of the car market to argue that the hope of Brexit bringing regulatory freedom is illusory. The book starts by examining the structure of the vehicle industry, how its regulatory framework evolved and how the environment in which it operates is constrained by international standards and the practicalities associated with trading across different regulatory systems. By examining the evolution of vehicle regulations, particularly related to the environment, it argues that a UK independent path is not only impractical, but self-defeating.The private car market is structured in such a way that is global and meeting the various international regulatory requirements is a price of entry requirement which no bilateral trade agreements are likely to alter. The book also considers changing environment affecting the car industry much more significantly than an aspiration for regulatory freedom. The response to climate change and the impact of technological change - mostly specifically with driverless vehicles - are big questions for the industry both considered in this book. The book also considers the emergence of large metropolitan areas imposing their own use and environmental requirements operating separately to national standards. The future of electric and autonomous vehicles and the complexity of the regulatory environment with both international and localised pollution measures make the UK navigating a safe independent path through with a viable car industry highly questionable.
Providing a comprehensive review of the relationship between regulatory frameworks and free trading models, this book is aimed at industry and legal professionals. It will also be of interest to students studying market behaviour, free trade law and the free movement of goods, and environmental protection.
Table of contents
Table of legislation
Chapter 1 Introduction
Chapter 2 Draft Brexit agreement proposals
Chapter 3 Overview of the UK vehicle industry and its global position
Chapter 4 EU market regulation affecting motor vehicles: product standards and rules of origin
Chapter 5 International standards
Chapter 6 Vehicle emissions impact
Chapter 7 Regulation and the market
Chapter 8 Disruptors
Chapter 9 The role of cities
Chapter 10 What if it gets ugly?
Chapter 11 Final thoughts
This shortform series follows the fallout of the UK’s pivotal decision to withdraw from the European Union, otherwise known as Brexit. As politicians and academics discern what this historic decision will mean for UK Law, the books in this series offer a legal library for students, scholars and legal practitioners.
Each book discusses Brexit through its own individual legal specialism, providing expert analysis on sectors which have long been dominated by EU Law. Recognizing a need for academic debate around these legal and political disputes, this series provides a multifaceted resource exploring contemporary issues.