Ford Europe boss says no deal Brexit would be a 'catastrophe'

Ford logo
The Ford booth displays the company logo at the North American International Auto Show in Detroit. REUTERS/Jonathan Ernst

U.S. carmaker Ford, Britain's biggest automotive engine builder, warned that a no-deal Brexit would be a "catastrophe" and that the agreement between London and Brussels should be approved.

"A no-deal Brexit would be a catastrophe," Ford Europe boss Steven Armstrong told a conference in London. "It's important that we get the agreement ratified that's on the table at the moment."