Tag: Brexit

Brexit backer Jim Ratcliffe’s Ineos to build electric Grenadier in Austria

A mock-up of the prototype of the Ineos Grenadier off-road vehicle. Photograph: MAGROUND GmbH/Ineos Automotive A mock-up of the prototype of the Ineos Grenadier off-road vehicle. Photograph: MAGROUND GmbH/Ineos Automotive Brexit backer Jim Ratcliffe’s Ineos to build electric Grenadier in Austria Britain misses out on building second Ineos vehicle, after company chose France for original… Continue reading Brexit backer Jim Ratcliffe’s Ineos to build electric Grenadier in Austria

@VW Group: BEST EVER FINANCIAL RESULTS IN 2022 – 82 PER CENT GROWTH IN PROFIT FROM A FOUR PER CENT VOLUME INCREASE006837

Strong product portfolio, shift in personalisation revenues, value over volume strategy and realisation of recent restructuring successes driving high performance. Bentley Motors today revealed record financial results for 2022, with operating profits up nearly €1 billion compared to 2018. The latest annual figures show a profit of €708 million, representing an 82 per cent growth… Continue reading @VW Group: BEST EVER FINANCIAL RESULTS IN 2022 – 82 PER CENT GROWTH IN PROFIT FROM A FOUR PER CENT VOLUME INCREASE006837

Hiring staff ‘much more complicated’ post-Brexit, says Bentley

Customers chose higher-specification cars (including limited editions) more often, selecting more optional extras and taking greater advantage of the Mulliner personalisation programme. Lafrentz commented: “We’re in the market where we offer interesting options, interesting specifications, interesting versions of personalisation to our customers. They’re happy to step in; they’re happy to go that route. “So the clear driver… Continue reading Hiring staff ‘much more complicated’ post-Brexit, says Bentley

China’s BYD blames Brexit as it rules out UK for first electric car plant in Europe

BYD sells its Atto 3 SUV in the UK, but it will be manufacturing it elsewhere in Europe. Photograph: Richard Bord/Getty Images BYD sells its Atto 3 SUV in the UK, but it will be manufacturing it elsewhere in Europe. Photograph: Richard Bord/Getty Images China’s BYD blames Brexit as it rules out UK for first… Continue reading China’s BYD blames Brexit as it rules out UK for first electric car plant in Europe

China’s BYD blames Brexit as it rules out UK for Europe car plant

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading China’s BYD blames Brexit as it rules out UK for Europe car plant

SMMT statement on Windsor Framework

27 February 2023 #SMMT News Mike Hawes, SMMT Chief Executive: The new agreement over post Brexit trade between the UK and the EU is a welcome development if it allows for the streamlined flow of goods, including vehicles and automotive components, between Great Britain, Northern Ireland and the EU single market. We must now build… Continue reading SMMT statement on Windsor Framework