Beating Brexit: supercar maker secures £20 million export deal

BAC Mono beats Brexit with export deal

Briggs Automotive Company (BAC), which builds the single-seat Mono supercar, is proving there might just be life beyond the EU. The company has secured £20 million of export business to Hong Kong and the United States.

The deal was done with help from the Department of International Trade. In America, the company signed agreements with two dealers: Manhattan Motorcars in New York and Tactical Fleet in Dallas.

In Hong Kong, an existing contract was renegotiated with the region’s distributor. The news comes after the launch of the new, more powerful Mono R in July.

BAC to the USA

Mono beats Brexit with export deal

“These new export wins are a sign of how far we’ve come as a business in recent years and the immense work we’re doing with exports,” said Neill Briggs, director of product development at BAC.

“Our solid export strategy, fantastic team ethic, exemplary product and – of course – invaluable support from the DIT means we have the ultimate recipe for success overseas. We will continue to strive to put British manufacturing on the map for the foreseeable future.”

BAC Mono beats Brexit with export deal

“I’m absolutely delighted that DIT has helped BAC to hit the accelerator on its exports,” said Secretary of State for International Trade, Liz Truss MP.

“This is a wonderful example of a UK company that is putting manufacturing and innovation from the Northern Powerhouse on the map.

BAC Mono beats Brexit with export deal

“The UK’s heritage in automotive and motorsports is a huge asset, and my department is working to shift our exports up a gear in this exciting and fast moving industry.”