FILE PHOTO: Bentley logos are displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy LONDON (Reuters) – Luxury carmaker Bentley (VOWG_p.DE) said that maintaining free trade with the European Union was its priority over a Brexit deal with the United States, saying less favourable terms could force it… Continue reading Bentley says Brexit priority is auto deal with Europe, not the U.S.
Tag: Brexit
Brexit: Peugeot could seek compensation to keep UK factory open
Vauxhall British government should cover cost of a bad deal for Vauxhall plant, boss suggests A Vauxhall worker at Ellesmere Port, Cheshire. The factory is seen as vulnerable and its owner, PSA, has already stopped investing in it. Photograph: Bloomberg/Bloomberg via Getty Images Peugeot could demand compensation from the British government to keep its Vauxhall… Continue reading Brexit: Peugeot could seek compensation to keep UK factory open
Peugeot maker says UK factory plans dependent on Brexit talks
PARIS (Reuters) – Peugeot maker PSA (PEUP.PA) does not expect to make a call before the end of 2020 on whether to keep its British factory at Ellesmere Port running, depending on how Brexit talks evolve, Chief Executive Carlos Tavares said on Tuesday. FILE PHOTO: A Peugeot car is seen in the car park of… Continue reading Peugeot maker says UK factory plans dependent on Brexit talks
Aston Martin’s pivotal SUV launch hinges on ‘Chinese’ prayer – Automotive News Europe
Aston Martin said revenue will continue to slide as it braces for the impact of the coronavirus outbreak on Chinese demand for the DBX SUV. Aston Martin warned Thursday sales will slump in the first six months of 2020, with almost all earnings coming in the second half once the English company starts deliveries of… Continue reading Aston Martin’s pivotal SUV launch hinges on ‘Chinese’ prayer – Automotive News Europe
Aston Martin shares slide as losses deepen and finance chief leaves
LONDON (Reuters) – Aston Martin (AML.L) shares slumped to a record low on Thursday after the British luxury carmaker said its losses ballooned last year and its chief financial officer would leave by the end of April. FILE PHOTO: Aston Martin DBX, the company’s first sport utility vehicle, is displayed at its global launch ceremony… Continue reading Aston Martin shares slide as losses deepen and finance chief leaves
Nissan warns about future of European plants as Brexit weighs
Tara Patel, Bloomberg Published 12:40 p.m. ET Feb. 24, 2020 | Updated 12:43 p.m. ET Feb. 24, 2020 Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group’s car factories in western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump… Continue reading Nissan warns about future of European plants as Brexit weighs
News – Brexit: impact on ACEA statistics
As of 1 February 2020, the United Kingdom is no longer part of the European Union. This will have a major impact on the statistical press releases, publications and statistics published by the European Automobile Manufacturers’ Association (ACEA). Statistical press releases Although the UK was still part of the EU in January 2020, ACEA has… Continue reading News – Brexit: impact on ACEA statistics
Lesjöfors’ new CEO: “We see both challenges and opportunities in 2020”
Tue, Feb 11, 2020 07:30 CET Lesjöfors’ market was heavily affected by external factors last year. An overall downturn in the automotive aftermarket, uncertainty with Brexit and the trade conflict between America and China was some of them. To be prepared for the future, Lesjöfors has made major investments in existing operations and acquired highly… Continue reading Lesjöfors’ new CEO: “We see both challenges and opportunities in 2020”
MG Marvel X concept showcased at Auto Expo
{{if trimcom}}{{:trimcom}}{{else}}{{:comment.substr(0,500)}}{{/if}} {{if comment.length > 500}} … Read More {{/if}} Volkswagen to invest Rs 8,000 crore in 2nd bet on India be a showstopper every day with myntra insider masterclass BMW delays next generation Mini due to Brexit uncertainty, costs: Official Go to Source
Nissan ‘could pull out of EU and expand in UK after hard Brexit’
Nissan Carmaker considers focusing on UK market if there are tariffs on exports, according to report Workers on the production line at Nissan’s factory in Sunderland. Photograph: Owen Humphreys/PA Nissan has reportedly drawn up contingency plans to pull out of manufacturing in mainland Europe in the event of a hard Brexit in favour of ramping… Continue reading Nissan ‘could pull out of EU and expand in UK after hard Brexit’