Rules on UK car firms relaxed ahead of 2030 petrol vehicles ban

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The story "Rules on UK car firms relaxed ahead of 2030 petrol vehicles ban" was covered 1 days ago by BBC Business, a news publisher based in United Kingdom.

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Rules on UK car firms relaxed ahead of 2030 petrol vehicles ban - BBC Business

Quick Summary:

The prime minister says the measures are designed to aid the UK motor industry, which has been hit by Trump's tariffs.

A ban on producing new petrol and diesel cars will come into effect in 2030, after ministers reinstated a deadline that had been pushed back by ex-Prime Minister Rishi Sunak.

President Donald Trump has imposed a 25% levy on cars imported to the US, which is a major export market for the UK motor industry.