Tag: Brexit

BMW’s UK Mini plant shuts for four weeks despite Brexit delay

LONDON (Reuters) – BMW’s Mini plant in Britain closes for four weeks from Monday in a move planned over a half year ago to help the company deal with any disruption resulting from Brexit, which has since been delayed. FILE PHOTO: A Mini badge is seen at the car making plant in Oxford, western England… Continue reading BMW’s UK Mini plant shuts for four weeks despite Brexit delay

BMW ‘interested in taking over Honda’s Swindon site’

BMW Firm among several carmakers awaiting Brexit clarity before making investment decisions Honda plans to cease production at its Swindon factory in 2021. Photograph: Honda UK Hopes have been raised that Honda’s Swindon plant could be saved after reports that BMW is interested in taking over the factory when the Japanese manufacturer leaves in 2021.… Continue reading BMW ‘interested in taking over Honda’s Swindon site’

After Audi: Also Porsche sweeps the night shift

REUTERS Porsche employees at the Leipzig plant: The core workforce is not affected, but temporary workers will probably lose their jobs The sports car manufacturer Porsche starts production in Leipzig from the summer. After the company holidays, the night shift will be canceled on 5 August and work will only be done in a two-shift… Continue reading After Audi: Also Porsche sweeps the night shift

UPDATE 3-BMW plans to cut costs after warning on profits

MUNICH (Reuters) – BMW expects group pretax profit to fall by more than 10 percent this year and plans a sweeping 12 billion euro ($13.6 billion) savings and efficiency plan to help offset higher technology investment and currency costs. The German carmaker last week reported a 7.9 percent fall in 2018 operating profit and said… Continue reading UPDATE 3-BMW plans to cut costs after warning on profits

Autocar confidential: Volkswagen ditches diesel V8, car makers bored of Brexit and more…

The Geneva motor show saw countless new cars revealed and a number of important announcements from the world’s biggest car makers. What it also gave us is some suitably gossip-worthy snippets of motoring news, including the reasons behind Skoda’s late arrival, the delay faced by EV buyers in the UK and more.  VW’s final diesel… Continue reading Autocar confidential: Volkswagen ditches diesel V8, car makers bored of Brexit and more…

UPDATE 1-BMW still preparing for no-deal after UK parliament backs Brexit delay

(Adds details) By Costas Pitas LONDON, March 15 (Reuters) – German carmaker BMW is continuing to prepare for a “worst-case scenario” no-deal Brexit after lawmakers voted to seek a delay to Britain’s exit from the European Union. BMW builds over 15 percent of Britain’s 1.5 million cars, making Minis at a factory in Oxford and… Continue reading UPDATE 1-BMW still preparing for no-deal after UK parliament backs Brexit delay

BMW still preparing for no-deal after UK parliament backs Brexit delay

LONDON, March 15 (Reuters) – German carmaker BMW is continuing to prepare for a no-deal Brexit, which it said was the worst-case scenario, after British lawmakers voted overwhelmingly to seek a delay to Britain’s exit from the European Union. “As a responsible employer, we must therefore continue to prepare for the worst-case scenario, which is… Continue reading BMW still preparing for no-deal after UK parliament backs Brexit delay

Jaguar Land Rover recalls 44,000 cars

Jaguar Land Rover is recalling 44,000 cars in the UK over carbon dioxide emissions, the car maker has said. Regulators found 10 models were emitting more of the greenhouse gas than they had been certified to emit. The car maker will contact owners to arrange repairs, a JLR spokeswoman said. JLR is facing a number… Continue reading Jaguar Land Rover recalls 44,000 cars