Source FT (unsure if link works)
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EU carmakers call on Brussels to ‘reconsider’ Brexit stance
But Michel Barnier, the EU’s chief Brexit negotiator, has said that businesses should be prepared to accept “short-term adaptation costs” in the name of protecting the bloc’s “long-term economic interests”.
He has been adamant that the EU should not sugar-coat Britain’s decision to leave the EU single market and customs union, and has questioned whether the bloc should allow the UK to retain the “prominent position” on the EU market that it currently enjoys.
The hardline stance is prompting increasingly urgent warnings from companies about the potential economic consequences for Europe of weaker trade ties. In June, more than 50 food and drink trade associations from the EU and UK wrote to Brussels urging it to take a more “flexible” approach to future arrangements, warning that a tariff-free trade agreement will be “meaningless” unless measures are taken to ensure companies can take advantage of zero-tariff rates.