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Transcripts For BBCNEWS World 20240706



hello and welcome to bbc news. i have the top stories. with british supermarket prices spiralling fast, rishi sunak is promising more seasonal visas for farming. promising more seasonal visas forfarming. that promising more seasonal visas for farming. that story coming up for farming. that story coming up later on. but first, one of the world s biggest car makers, stella ntis, which produces vauxhall cars here in the uk, has urged the government to renegotiate part of its eu trade deal or run the risk of making the business unsustainable. stellantis, whose brands also include peugeot, citroen, chrysler and fiat, says its concerns are related to electric vehicles. stellantis says the surge in the cost of raw materials has made some of the conditions of the post brexit deal signed in 2020 are no longer achievable. our economics editor faisal islam has the story. electric vehicle manufacturing is supposed to be the future of the car industry, replacing these conventional c ....

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Transcripts for BBCNEWS World Business Report 20240604 04:32:00

Conventional cars, but also, our green economic future, so no surprise at the relief in government when the owner of vauxhall, stellantis, secured the future of its two factories in the uk 16 months ago. but that was dependent on the cars being eligible for the post brexit uk eu trade deal, and today, it emerged the company has said its british exports will not qualify. what we saw with the brexit deal was the needs for the rules of origin, the content of locally produced material needs to increase at the beginning of 202a. the battery industry has not been able to keep pace with the level of demand for batteries, so there is the real threat of the application of tariffs from january 1 next year. nobody wants this, government in the uk, governments in europe don t want the application of tariffs on the very vehicles they are trying ....

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