Statement Regarding BREXIT

Statement Regarding BREXIT

The transition period which enabled business as usual within Europe following the UK’s withdrawal from the EU will end on 31st December 2020. It now seems unlikely that structural trade agreements will be in place by the deadline unless an extension to the transition period is agreed by all stakeholders.

Dana SAC UK is proactively taking steps to mitigate potential disruption to the supply chain following a “no deal” scenario. Steps include increasing safety levels of standard components and customer consignment stocks to minimize any delay caused by disruptions at borders. Additionally we have liaised extensively with freight forwarders and logistics partners and have in place the anticipated administrative procedures and facilities.

We believe these measures are proportionate and should mitigate the potential impact of most Brexit scenarios on Dana’s ability to maintain on-time deliveries to you. We do suggest however that customers take similar measures to increase their safety stock levels to attempt to avoid the potential impact of delayed deliveries, in these unprecedented times.

We wish to assure you that Dana will make every possible effort to mitigate the impact of Brexit on our shared business. However, we must reiterate that Dana cannot be held responsible for damages incurred to your business despite the measures taken by us and, furthermore, it will be necessary to pass through any new and additional costs incurred due to and resulting from a new trade agreement within Europe.

We trust you will understand our position in this matter and assure you of our best attention at all times moving forwards.