FILE PHOTO: A Peugeot car is seen in the car park of the Vauxhall car plant in Ellesmere Port, Britain, January 10, 2018. REUTERS/Phil Noble -/File Photo LONDON (Reuters) – Peugeot’s British car factory will go down to a four-day working week later this month as the firm finds efficiencies in the face of a… Continue reading Peugeot’s Vauxhall UK car factory cut to four-day week
Tag: Brexit
Nissan presses ahead with £400m Qashqai plan for Sunderland
Nissan Japanese carmaker unveils £52m production press amid post-Brexit tariff warnings The production line at Nissan’s Sunderland factory. The third-generation Qashqai model is due to be delivered in 2021. Photograph: Owen Humphreys/PA Media Nissan is pushing ahead with its £400m plan to build its new Qashqai sports utility vehicle at its Sunderland factory, despite the… Continue reading Nissan presses ahead with £400m Qashqai plan for Sunderland
Nissan gives Sunderland plant £400m boost to build new Qashqai
Nissan has announced the latest stage of a £1 billion investment programme in its Sunderland production facility in preparation for building the next-generation Qashqai there. This is a £52 million press to stamp panels for the third-generation crossover, which is expected to launch early next year. It brings the total investment in production of the new Qashqai to… Continue reading Nissan gives Sunderland plant £400m boost to build new Qashqai
Nissan invests £400m in UK car plant despite Brexit warning
Japanese group prepares to build Qashqai model at Sunderland site despite EU tariff threat Go to Source
Bentley says Brexit priority is auto deal with Europe, not the U.S.
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.
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