LONDON -- Aston Martin CEO Andy Palmer said that Brexit is "a disaster for the industry on both sides of the Channel if there is no negotiated exit."
In an interview with the Mail on Sunday, Palmer said Brexit will be a "distraction" but nothing more for Aston Martin but he "wouldn't be saying the same thing" if he was still at his former employer Nissan.
Palmer joins Jaguar Land Rover CEO Ralf Speth in calling out the risks Brexit poses to the UK automotive sector.
Last week, JLR's Speth warned Prime Minister Theresa May that a bad Brexit deal could put tens of thousands of jobs at risk and cost the company more than 1.2 billion pounds ($1.6 billion) per year.
Aston Martin is moving ahead with a plan to list shares in London despite Brexit. The British sports-car maker is said to target a valuation of 5 billion pounds ($6.5 billion).