LONDON (Reuters) – Carmaker Ford (F.N) backed Prime Minister Theresa May’s Brexit deal on Thursday to avoid a no-deal “catastrophe,” but said she still needed to guarantee long-term frictionless trade, which is key to the future of its plants in Britain. A logo of a Ford car is pictured during a press presentation prior to… Continue reading UPDATE 2-Ford backs PM May’s Brexit plan to avoid no-deal ‘catastrophe’
Tag: Brexit
Ford Europe boss says no deal Brexit would be a “catastrophe”
A logo of a Ford car is pictured during a press presentation prior to the Essen Motor Show in Essen November 30, 2012. REUTERS/Ina Fassbender LONDON (Reuters) – U.S. carmaker Ford (F.N), Britain’s biggest automotive engine builder, warned that a no-deal Brexit would be a “catastrophe” and that the agreement between London and Brussels should… Continue reading Ford Europe boss says no deal Brexit would be a “catastrophe”
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
‘No deal’ Brexit catastrophic blow to British auto industry, warn businesses in new survey
RT @SMMT: Business Secretary @GregClarkMP tonight announced £25m of new Advanced Propulsion Centre funding for projects with @JLR_News, @Fo…
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
Vauxhall Owner Is Considering Closing a Factory Post Brexit
Vauxhall Owner Is Considering Closing a Factory Post Brexit BloombergFull coverage Go to Source
SMMT response to the Brexit Agreement
RT @SMMT: The importance of an integrated automotive industry: Truly frictionless trade is the only way to ensure the industry’s future suc…
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