Auto sales forecast to decline in wake of UK vote to exit the European Union.
The collision repair industry in the United Kingdom, along with auto dealers, manufacturers and insurers, have mixed reactions to the result of vote yesterday to exit the European Union. The auto industry and dealers are concerned about the impact on vehicle sales in the UK. Also, the UK insurance industry will be impacted since it sells more insurance products to customers in the EU than UK customers buy from companies from other EU markets.
According to the UK association representing body shops, a majority of