Tag: Brexit

BMW chief says considering second U.S. manufacturing plant

FILE PHOTO – A car with the BMW logo badge is seen on display at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Jonathan Ernst LOS ANGELES (Reuters) – BMW (BMWG.DE) is considering a second U.S. manufacturing plant that could produce engines and transmissions, Chief Executive Harald Krueger said on… Continue reading BMW chief says considering second U.S. manufacturing plant

Aston Martin to more than double production by 2025: CEO

ABU DHABI (Reuters) – Luxury carmaker Aston Martin (AML.L), has not yet seen a slowdown in its key markets and aims to more than double the number of cars it makes by 2025, its chief executive said on Sunday. FILE PHOTO: Andy Palmer, CEO of Aston Martin, poses for a photograph next to the company’s… Continue reading Aston Martin to more than double production by 2025: CEO

Vauxhall workers stage mass walkout

Every union worker at Vauxhall’s Ellesmere Port car plant has walked out in protest at planned job cuts. John Cooper from Unite said all 1,100 employees at the site are union members and every one had gone on strike. Vauxhall is planning a “phased reduction” of 241 jobs as part of a restructuring at its… Continue reading Vauxhall workers stage mass walkout

Job loss fears and uncertainty inside JLR – workers speak out

Aggrieved staff at Jaguar Land Rover plants have lifted the lid on “anger” and “bitterness” among colleagues, with one whistle-blower revealing how “most people are waiting for the axe to swing”. Employees returned to work a fortnight ago following two-week shutdown period after JLR chiefs announced a freeze in vehicle production. It came after the… Continue reading Job loss fears and uncertainty inside JLR – workers speak out

McLaren Automotive boss says PM May’s Brexit deal gives certainty

The UK is the largest export market for German car suppliers in Europe, with 18 percent of auto parts used in British factories coming from Germany — the home of industry giants Bosch, Continental and ZF Friedrichshafen. LONDON: The draft Brexit agreement between Britain and the European Union gives certainty to British business whilst no… Continue reading McLaren Automotive boss says PM May’s Brexit deal gives certainty

PSA may still close a UK Vauxhall factory post-Brexit

Previously, PSA Group CEO Carlos Tavarez stated that the Ellesmere Port plant must close the cost and quality gap between it and its European equivalents if it’s to survive. Speaking at the 2018 Geneva motor show, Tavares highlighted that the PSA Group’s plants, including those that came as part of the Opel and Vauxhall acquisition, will all have… Continue reading PSA may still close a UK Vauxhall factory post-Brexit