LONDON, United Kingdom - The Chief Executive of British luxury sports car manufacturer, Aston Martin, has hinted Americans will get their cars cheaper if the UK leaves the European Union. Andy Palmer wrote to all of his employees to say Brexit would lead to a fall in the value of the pound, making all British exports cheaper, including his company's supercars.
There has been a fierce debate in Britain about the effect Brexit might have on the car industry. The Remain campaign claims the EU will put up trade tariffs against British cars, forcing large manufacturers like Nissan to relocate. However, Leave advocates point out the UK is one of the biggest consumers of German cars, and this would make Berlin reluctant to see any restrictions on cross-channel free trade.
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