But lets enjoy a little Schadenfreude, because the German car industry is in far greater sheet because it is totally dependent on exports, and has had its reputation destroyed by Dieselgate.
In the meantime, the UK will just have to continue to employ a million or so people in the car industry. That's couple of hundred thousand people directly in vehicle manufacture producing 1.6 million passenger vehicles and 85,000 commercial vehicles, for UK consumers and export markets, and then another 800,000 in supply, distribution and servicing . Broadly a £20 billion addition to the UK economy, against a total turnover of £80 billion.
Small potatoes, maybe, but the taxes that the car industry pays (excluding VED and fuel) just about cover the NHS bill for diabetes treatment for tubbies each year - roughly £12 billion a year.
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