Tag: Brexit

UPDATE 1-Carmakers step up warnings over disorderly Brexit

PARIS (Reuters) – Carmakers ratcheted up their Brexit warnings on Tuesday, with France’s PSA Group (PEUP.PA) and Germany’s BMW (BMWG.DE) both saying UK production would suffer if Britain leaves the European Union without a deal. Dieter Zetsche, chairman of the board of management of Daimler AG, and Ola Kallenius, member of the board of management… Continue reading UPDATE 1-Carmakers step up warnings over disorderly Brexit

BMW would up Dutch production in hard Brexit scenario: CEO

PARIS (Reuters) – German carmaker BMW (BMWG.DE) will shift more production of Mini vehicles to the Netherlands if Britain leaves the European Union without a trade agreement, Chief Executive Harald Krueger said on Tuesday. Harald Krueger member of the board of Management of BMW AG poses for a picture during the first press day of… Continue reading BMW would up Dutch production in hard Brexit scenario: CEO

UK would ‘forever regret’ losing carmakers

Media playback is unsupported on your device The UK “would regret it forever” if it lost its status as a world leader in car manufacturing after Brexit, Business Secretary Greg Clark has said. He added it was “concerning” that Toyota UK had told the BBC that if Britain left the EU without a deal it… Continue reading UK would ‘forever regret’ losing carmakers

No-deal Brexit ‘could halt production at UK Toyota plants’

Brexit Boss of carmaker’s Derbyshire plant says production could be disrupted for ‘hours, days, weeks – even months’ The Burnaston plant in south Derbyshire is one of nine Toyota in the country and is the home of the Auris and the Avensis. Photograph: Bloomberg/Bloomberg via Getty Images Toyota has said that production at its UK… Continue reading No-deal Brexit ‘could halt production at UK Toyota plants’

Mechanical and plant engineering

27.09.2018 Ι Advancing digitization will greatly change the German mechanical and plant engineering industry – both as a user and as a provider of digital products. “In order to retain its strong role in innovation and customer access, mechanical engineering must position itself strategically in platform economics and cooperate more closely,” emphasized Wolfgang Lemb, Executive… Continue reading Mechanical and plant engineering

How cars are made – an alloy’s journey

A car company has shared the journey of an alloy wheel from Belgium to the UK to show how seamless the process is within the EU. Honda is concerned their ‘Just in Time’ manufacturing process – where parts are delivered only when they are needed – will be at risk post-Brexit. The Senior Vice-President of… Continue reading How cars are made – an alloy’s journey

No-deal Brexit to fuel £1,500 rise in cost of EU car in UK, says motor trade

Automotive industry Industry body warns tariffs would add £5bn to cost of 2.7m vehicles, with average price rising as much as £2,700 in EU Parked cars destined for the UK at Zeebrugge, Belgium. British buyers registered nearly 2m cars and vans from the continent in 2017. Photograph: Francisco Seco/AP The average cost of a car… Continue reading No-deal Brexit to fuel £1,500 rise in cost of EU car in UK, says motor trade

BMW Will Shut Down Oxford Plant for a Month After Brexit Date

Terms of Service Violation Your usage has been flagged as a violation of our terms of service. For inquiries related to this message please contact support. For sales inquiries, please visit http://www.bloomberg.com/professional/request-demo If you believe this to be in error, please confirm below that you are not a robot by clicking “I’m not a robot”… Continue reading BMW Will Shut Down Oxford Plant for a Month After Brexit Date

BMW plans to shut Mini plant for a month after Brexit day

BMW Carmaker says Cowley closure minimises impact of supply disruption if there is no deal BMW has said it will not build cars at its Mini plant immediately after the UK leaves the EU next year, to carry out annual maintenance. Photograph: Oli Scarff/Getty Images BMW plans to shut its Mini plant for a month… Continue reading BMW plans to shut Mini plant for a month after Brexit day