*By Michael Teich*
Brexit could be a major bump in the road for Aston Martin if it disrupts trade with the automaker's European partners, said the company's CMO Simon Sproule.
"The biggest threat to us of Brexit is non-tariff barriers, because if you end up getting import duties on Astons going into Europe, then you're going to get import duties on Ferraris coming into the UK. So it's a zero-sum game," Sproule said Tuesday in an interview on Cheddar.
The Brexit withdrawal process began March 29, 2017 after a countrywide vote, and the UK is set to depart from the European Union on March 29, 2019.
A new report from the Federation of German Industries said a "hard Brexit" ー meaning in the absence of a deal between the EU and the UK ー could cause exports to Britain from the rest of the EU to drop by as much as [57 percent](https://www.dw.com/en/german-industry-warns-against-hard-brexit/av-45818058).
That kind of trade disturbance would not be good for business, Sproule said.
"What we're lobbying the government most strongly about is to ensure the free flow of parts and obviously completed vehicles," he added.
Aston Martin ($AML.L) is the latest luxury automaker to make its market debut. Despite a rough start on the London Stock Exchange since its Oct. 3 IPO ー shares are down 16 percent since ー Sproule said patient investors will benefit from the company's future growth.
"The IPO was effectively a marker in our evolution," he said. "People that have been buying into us are buying in for the long term. They buy into the equity story, they buy into the future potential of Aston Martin."
For full interview [click here](https://cheddar.com/videos/aston-martin-cmo-we-have-no-interest-in-making-cheaper-cars).
Recent victims of ransomware attacks span the public and private sectors and include Universal Health Services, one of the largest hospital systems in the U.S., and the Clark County School District in Las Vegas.
Jill and Carlo update on the president's health as he torpedoes stimulus negotiations; West Wing outbreak turning into biggest American superspreader event; VP debate preview and remembering Eddie Van Halen.
Tim Kendall, CEO of Moment and former Pinterest president, joined Cheddar to discuss the harrowing effects of social media use and how "big social's" methods are harming users.
With the coronavirus pandemic still closing down large parts of the economy, wedding parties and industry vendors are in a wait-and-see mode.
The president returns to the White House to recover from Covid as the West Wing sees more cases than New Zealand, Vietnam and Taiwan combined. Plus, why is it to hard to find anything on Netflix?
Lee Brown, VP and global head of advertising business at Spotify, joined Cheddar to provide some insight into what exactly Gen Z is looking for.
The staggering scale of California’s wildfires has reached another milestone: A single fire has surpassed 1 million acres.
Actress Laverne Cox joined Cheddar to discuss a partnership with Gold Bond for the #ChampionYourSkin campaign in effort to support the trans community.
Shares in the company that owns the Regal, Cineworld and Picturehouse cinemas in the U.S. and Britain have fallen as much as 58% after it will temporarily close its venues after release of the latest James Bond film was postponed due to the pandemic.
The latest on President Trump's condition after a weekend of conflicting reports; what this means for the election and the Supreme Court confirmation battle, plus movie theaters in the fight of their lives and SNL for an era that can't be satirized.
Load More