LONDON (Reuters) – James Dyson, the billionaire British inventor of the bagless vacuum cleaner, has chosen to build his electric car in Singapore to be close to Asian customers, supply chains and a highly skilled workforce. The 71-year-old entrepreneur, who backed Brexit in the 2016 referendum, already manufactures products such as hair dryers, air purification… Continue reading UPDATE 3-Dyson chooses Singapore over Britain to build electric car
Tag: Brexit
Renault will double the staff and aluminum production in Valladolid
Spain has been reinforced this week its role as a world power as a producer of vehicles. In recent days the Vigo and Figueruelas factories have been awarded the production of five new models, including the popular Opel Corsa and its new electric version, which will be built in the Aragonese factory from 2020. Both… Continue reading Renault will double the staff and aluminum production in Valladolid
Aston Martin considers flying in parts after Brexit amid Dover port concerns
The boss of Aston Martin says border problems after Brexit could leave it unable to use Dover to send and receive parts. The British carmaker is examining contingency plans amid concerns that the port may not cope with the increase in red tape expected after the UK leaves the European Union. The firm’s chief executive… Continue reading Aston Martin considers flying in parts after Brexit amid Dover port concerns
Exclusive: Aston Martin considers flying in components, changing ports to handle Brexit delays
LONDON (Reuters) – British carmaker Aston Martin (AML.L) is considering flying in components and moving more parts through ports other than Dover if there is any border friction after Britain leaves the EU, its boss told Reuters. FILE PHOTO: An Aston Martin logo is seen on a car at a dealership in central London, Britain… Continue reading Exclusive: Aston Martin considers flying in components, changing ports to handle Brexit delays
Exclusive: Andy Palmer on apprenticeships, Ferrari, James Bond and Aston Martin going public
In our exclusive interview with Aston Martin President and CEO Andy Palmer he talks about the launch of the Palmer Foundation, the company’s upcoming IPO, the new Project 003 hypercar, Lagonda luxury models, Brexit and, of course, James Bond. You’ve just announced a new charitable project dealing with a subject that’s very close to your… Continue reading Exclusive: Andy Palmer on apprenticeships, Ferrari, James Bond and Aston Martin going public
No-deal Brexit must be avoided at all costs, says Toyota president
Brexit Akio Toyoda says apprehension is growing as Brexit negotiations continue Cars on the production line at a Toyota factory in Japan. Toyota’s plant in Burnaston, Derbyshire, employs 2,500 people. Photograph: Bloomberg via Getty Images The president of Toyota has said a no-deal Brexit should be avoided “at all costs”, in the latest intervention by… Continue reading No-deal Brexit must be avoided at all costs, says Toyota president
Toyota Sees Hard Brexit Disrupting $78 Million in Weekly Revenue
Toyota Sees Hard Brexit Disrupting $78 Million in Weekly Revenue BloombergToyota: Hard Brexit may halt UK plant The Japan NewsToyota says hard Brexit would temporarily halt UK factory The Business TimesFull coverage Go to Source
Press Releases – Brexit: auto industry urges negotiators to avert worst-case scenario
Brussels, 17 October 2018 – Ahead of this evening’s Brexit summit, Europe’s auto manufacturers and suppliers have come together to issue a stark warning on the potentially far-reaching impacts of a no-deal scenario on their sector, which would threaten their very business model. Automobile production plants – be they in the EU27 or the UK… Continue reading Press Releases – Brexit: auto industry urges negotiators to avert worst-case scenario
Business model at Brexit without contract in danger: car industry is making dramatic appeal to EU summit
Bloomberg via Getty Images Mini-production in the UK: Not only on the island, the car manufacturers fear in a Brexit contract without chaotic conditions A Brexit without a contract would threaten the entire business model of the industry from the point of view of the European auto industry. Before the EU summit this Wednesday evening,… Continue reading Business model at Brexit without contract in danger: car industry is making dramatic appeal to EU summit
No-deal Brexit disastrous, says Ford boss
Media playback is unsupported on your device Ford’s European boss has said a no-deal Brexit “would be pretty disastrous” for British industry and could affect the company’s future in the UK. Steven Armstrong said he was “still confident” a tariff-free frictionless trade deal would be done. But he told the BBC that a no-deal outcome… Continue reading No-deal Brexit disastrous, says Ford boss