UK auto industry calls for dedicated restart package to save jobs and pave the way for recovery. New SMMT survey reveals a third of workforce still on furlough with up to one in six jobs at risk. ‘Turbocharged’ Brexit negotiations needed to deliver a comprehensive zero-tariff FTA – crucial to avoiding crippling £40bn production losses… Continue reading UK Auto calls for restart support as Covid crisis threatens one in six jobs
Tag: Brexit
EU wants new deal with Brexit Britain, but "not at any cost"
EU chiefs Charles Michel and Ursula von der Leyen briefed the 27 national leaders on Friday on the latest talks with Britain, which have made precious little progress since London left the bloc in January, and now face an end-year deadline. BRUSSELS: The European Union is committed to reaching an agreement with Britain on their… Continue reading EU wants new deal with Brexit Britain, but "not at any cost"
UK says EU trade deal will be difficult if no progress before October
Britain left the EU on Jan. 31 but talks have so far made little headway on agreeing a new trade deal with the bloc by the time a status-quo transition arrangement ends in December. LONDON: Britain warned the European Union on Thursday that it would be difficult to conclude a Brexit free trade deal by… Continue reading UK says EU trade deal will be difficult if no progress before October
Bentley to cut nearly a quarter of its workforce
Automotive industry Carmaker hopes to cut 1,000 jobs through voluntary redundancies but warns no-deal Brexit will deepen coronavirus impact The luxury carmaker warned it could not rule out future compulsory redundancies, as the pandemic reduces demand for cars. Photograph: John Sibley/Reuters Bentley has confirmed it is seeking to make 1,000 job cuts through a voluntary… Continue reading Bentley to cut nearly a quarter of its workforce
Bentley to cut quarter of workforce as UK car sector job losses hit 5,000
Chief executive says ‘uncontrolled’ Brexit risks ‘compounding the coronavirus disaster’ Go to Source
Coronavirus: Lookers and Aston Martin cut 2,000 car jobs
Car dealership Lookers has announced it will cut up to 1,500 jobs with the closure of more showrooms in the UK. The company reopened its showrooms on Monday after the government lifted coronavirus lockdown restrictions. Luxury carmaker Aston Martin also announced 500 redundancies, a week after naming a new chief executive. It comes as the… Continue reading Coronavirus: Lookers and Aston Martin cut 2,000 car jobs
Rumor: Tesla and UK government are working on a factory
A rumor is circulating about Tesla and the British government working together on finding a location for a factory in England. Tesla is currently undergoing a massive expansion in Europe with its first full-fledged factory near Berlin and a new design and research center in the German capital. After announcing that Tesla’s first factory in… Continue reading Rumor: Tesla and UK government are working on a factory
Nissan: UK factory still under threat from no-deal Brexit
Media playback is unsupported on your device The UK’s largest car manufacturing plant is “unsustainable” if the UK leaves the European Union without a trade deal, owner Nissan says. The Japanese company’s global chief operating head told the BBC people had to understand the EU was the Sunderland factory’s biggest customer. Ashwani Gupta said that… Continue reading Nissan: UK factory still under threat from no-deal Brexit
Nissan’s Sunderland plant at risk if UK leaves EU without deal
Nissan No-deal Brexit tariffs would make manufacturing in Britain unviable, says carmaker About 70% of the cars manufactured in Sunderland are sold in the EU. Photograph: Phil Noble/Reuters Nissan has said its Sunderland manufacturing plant is still under threat if the UK leaves the EU without a trade deal. Last week Nissan said the UK’s… Continue reading Nissan’s Sunderland plant at risk if UK leaves EU without deal
Vertu Motors announces acquisition intention in 2019 financial results
Vertu Motors declared an intention to add new manufacturer partners as it grows through acquisition in a 2019 results statement following its first two days of showroom trading since the COVID-19 lockdown. Group chief executive, Robert Forrester, told AM “there’s no point being pessimistic” as he discussed the results of the group’s financial year to… Continue reading Vertu Motors announces acquisition intention in 2019 financial results