Nobody likes uncertainty. When people and companies don't have the slightest idea what's going on, they panic.
The United Kingdom voted to leave the European Union. It's just the way it was several decades ago when everybody had to figure out shillings and pounds. We still have to figure out stones and imperial gallons.
Like Japan, Great Britain is an island. But I doubt that Volkswagen will stop building Bentleys, and BMW isn't going to do anything silly with Rolls-Royce.
Suppliers will continue to ship supplies and parts into and out of Great Britain. Europe will continue to buy and sell parts and cars from and to Great Britain.
Some say countries in Europe will adjust pricing as the pound rises and falls. Remember, the U.K. always has had its own currency. Like many others, I remember the U.K. before it entered the Common Market.
I expect it won't be much different from how it has been recently, unless some other EU countries do something stupid and change the way they act without regard to the economic consequences.
It's going to take time as everyone adjusts. But the best advice is to slow down and take some deep breaths. Things will be OK.
Some U.K. voters said they wanted their country back, and that's how they voted. If there's a parallel in the United States, we'll find out in November.
Meanwhile, if cooler heads prevail in the U.K., things probably will settle back into some sort of normalcy in preparation for an election.
The automotive industry has developed a global economy. It will take more than the U.K. leaving the EU to upset the applecart -- unless some heads of state do something stupid. Then all bets are off. But I don't see a huge trade war involving the EU, the U.K. and the rest of the world.
If you're a U.K. consumer, chances are you're a bit unsettled. If you were planning to buy a car, you probably will postpone it. But you'll still buy it -- maybe next month if not this month.
If you're in North America, you'll still get parts from Italy for your assembly plant, and you'll still get BMWs for your dealership inventory.
Things may calm down over the next few weeks if no one panics.
The auto industry is too large and too global to let minor skirmishes affect business.