How Brexit would affect automotive Uk businesses
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Added on 2023-01-16
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Table of Contents
Topic of the research is “To analyse the impact of Brexit on automotive industry in UK. A case
study on Jaguar.”..............................................................................................................................3
INTRODUCTION ..........................................................................................................................3
Research Aim .............................................................................................................................3
Research objectives.....................................................................................................................3
Research Questions ....................................................................................................................3
Research rationale ......................................................................................................................4
LITERATURE REVIEW ...............................................................................................................4
Knowledge about Brexit ............................................................................................................4
Impact of Brexit on Automotive industry ..................................................................................4
Positive impact of Brexit on business.........................................................................................5
RESEARCH METHODOLOGY ....................................................................................................5
Gantt chart and Work breakdown structure ...............................................................................7
REFERENCES .............................................................................................................................10
Topic of the research is “To analyse the impact of Brexit on automotive industry in UK. A case
study on Jaguar.”..............................................................................................................................3
INTRODUCTION ..........................................................................................................................3
Research Aim .............................................................................................................................3
Research objectives.....................................................................................................................3
Research Questions ....................................................................................................................3
Research rationale ......................................................................................................................4
LITERATURE REVIEW ...............................................................................................................4
Knowledge about Brexit ............................................................................................................4
Impact of Brexit on Automotive industry ..................................................................................4
Positive impact of Brexit on business.........................................................................................5
RESEARCH METHODOLOGY ....................................................................................................5
Gantt chart and Work breakdown structure ...............................................................................7
REFERENCES .............................................................................................................................10
Topic of the research is “To analyse the impact of Brexit on automotive
industry in UK. A case study on Jaguar.”
INTRODUCTION
Brexit is the withdrawal of UK from the European Union. After the referendum held in
the year 2016, more than 50% of UK's population voted to leave the EU. This impacted business
of UK a lot. Brexit was both political as well as economical shock. Brexit is been an essential
source of uncertainty for various UK businesses. There is more than 6% reduction in investment
after referendum and employment rate has also decreased (Head, 2017). Brexit has resulted in
decline of productivity of UK. Majority of business has anticipated that Brexit will increase costs
and reduce sales. The share of firms responds that Brexit was one of the drivers of uncertainty
increased a lot. The automotive industry has been affected a lot after Brexit. The automotive
industry is affected as there are various companies that export services and auto vehicles to the
EU. After the Brexit, there were different problems faced by the automotive company such as
higher tariff rates, reduced number of customers, higher cost of expansion, limited market, etc
(Gasiorek, Serwicka, and Smith, 2019). The following report is based on analysing the positive
as well as negative impact of Brexit on the automotive industry of UK. The company considered
in this report is Jaguar. This is a luxury vehicle brand of Jaguar Land Rover. This is a British
multinational car manufacturer and the headquarters of this company are located in England.
This automotive company is one which is responsible for production of Jaguar cars.
Research Aim
“To analyse the impact of Brexit on automotive industry in UK”
Research objectives
To increase the knowledge on Brexit
To assess the Impact of Brexit on Automotive industry
To evaluate positive impact of Brexit on business
Research Questions
What do you know about increase the knowledge on impact of Brexit on business ?
What is the Impact of Brexit on Automotive industry ?
What is the positive impact of Brexit on business ?
industry in UK. A case study on Jaguar.”
INTRODUCTION
Brexit is the withdrawal of UK from the European Union. After the referendum held in
the year 2016, more than 50% of UK's population voted to leave the EU. This impacted business
of UK a lot. Brexit was both political as well as economical shock. Brexit is been an essential
source of uncertainty for various UK businesses. There is more than 6% reduction in investment
after referendum and employment rate has also decreased (Head, 2017). Brexit has resulted in
decline of productivity of UK. Majority of business has anticipated that Brexit will increase costs
and reduce sales. The share of firms responds that Brexit was one of the drivers of uncertainty
increased a lot. The automotive industry has been affected a lot after Brexit. The automotive
industry is affected as there are various companies that export services and auto vehicles to the
EU. After the Brexit, there were different problems faced by the automotive company such as
higher tariff rates, reduced number of customers, higher cost of expansion, limited market, etc
(Gasiorek, Serwicka, and Smith, 2019). The following report is based on analysing the positive
as well as negative impact of Brexit on the automotive industry of UK. The company considered
in this report is Jaguar. This is a luxury vehicle brand of Jaguar Land Rover. This is a British
multinational car manufacturer and the headquarters of this company are located in England.
This automotive company is one which is responsible for production of Jaguar cars.
Research Aim
“To analyse the impact of Brexit on automotive industry in UK”
Research objectives
To increase the knowledge on Brexit
To assess the Impact of Brexit on Automotive industry
To evaluate positive impact of Brexit on business
Research Questions
What do you know about increase the knowledge on impact of Brexit on business ?
What is the Impact of Brexit on Automotive industry ?
What is the positive impact of Brexit on business ?
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