Brexit deal changes crucial to prevent UK car plant closures and EV production exodus, warns Stellantis.

Stellantis, the world's third-largest carmaker and owner of brands including Vauxhall, Peugeot, Citroen, and Fiat, has warned the UK parliament that British car plants will close with the loss of thousands of jobs unless the Brexit deal is renegotiated. The company faces tariffs when exporting electric vans to Europe from next year under the current deal. Stellantis urged the UK government to reach an agreement with the EU about extending the current rules on the sourcing of parts until 2027 instead of the planned 2024 change. The potentially existential problem facing Britain's car industry is closely tied to the shift to EVs.