A split heard round the industry

The United Kingdom's stunning decision to abandon the European Union could slash automakers' profits by billions of dollars and cut new-vehicle sales by nearly a million units over the next three years, analysts warned.

Toyota says Brexit may lead to 10% duties on U.K.-built cars

Toyota warned that a withdrawal by the UK from the EU may lead to levies of as much as 10 percent on the cars it builds in Britain. Jaguar Land Rover

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