This paper is published in Volume-5, Issue-5, 2019
Area
Supply Chain
Author
Gautam Sharma, Sriram Padmanabhuni, Rishabh Sarkar
Org/Univ
Christ (Deemed To Be University), Bengaluru, Karnataka, India
Pub. Date
04 September, 2019
Paper ID
V5I5-1145
Publisher
Keywords
Concept of Supply Chain Management, History of the European Union, Benefits of The European Union to the automobile industry of London, Reasons behind the cause of Brexit, Effect of Brexit on the Supply Chain Management of the automobile industry

Citationsacebook

IEEE
Gautam Sharma, Sriram Padmanabhuni, Rishabh Sarkar. A study on the effects of Brexit on the Supply Chain Management of the automobile industry, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Gautam Sharma, Sriram Padmanabhuni, Rishabh Sarkar (2019). A study on the effects of Brexit on the Supply Chain Management of the automobile industry. International Journal of Advance Research, Ideas and Innovations in Technology, 5(5) www.IJARIIT.com.

MLA
Gautam Sharma, Sriram Padmanabhuni, Rishabh Sarkar. "A study on the effects of Brexit on the Supply Chain Management of the automobile industry." International Journal of Advance Research, Ideas and Innovations in Technology 5.5 (2019). www.IJARIIT.com.

Abstract

The automobile industry in the United Kingdom has been running successfully for the past several years. The booming industry has created several jobs in the local market and has secured the place of London as one of the most highly developed and opportunity-rich economies present in the European Union. Such growth was possible due to the regulations and policies that the United Kingdom shared with other Member Nations. With the looming decision of Brexit in the political environment, how would such a decision affect the automobile industry? This article considers the short-run impacts, foreign direct investments and the nature of the trading relationship with the European Union in the future. It also provides some concluding thoughts and provides details on the necessary steps required to support the automobile industry.