Saturday, 06/23/2018 12:37 clock The carmaker BMW warns Great Britain before the consequences of a hard Brexit. Clearness is needed by the end of the summer, said BMW representative in the UK, Ian Robertson, BBC broadcaster. The Munich company also represents the brands Mini and Rolls-Royce It has around 8,000 employees on the island. “If… Continue reading BMW threatens British with “alternative plans”
Tag: Brexit
BMW joins Airbus in Brexit warning
In this Wednesday, March 21, 2018 photo the logo of German car manufacturer BMW is pictured at the headquarters in Munich, Germany.Photo/Matthias Schrader, file) London: Car giant BMW has followed plane-maker Airbus in warning about the consequences of Brexit uncertainty. BMW UK boss Ian Robertson has said clarity is needed by the end of the… Continue reading BMW joins Airbus in Brexit warning
ERJ Business News Tracker
SBR shut-downs in China… EU chemical output up… India NR warning… Pirelli in F1… SBR prices’ uptrend… German rubber pay rise… Wanli shelves US tire plant?… Rubber share prices… India tire price hikes… BMW investing in 3D technology… JUNE 2018 15/6 China’s Shen Hua Chemical Industrial is planning to carry out maintenance work on a 70… Continue reading ERJ Business News Tracker
CBI chief: ‘Car firms face Brexit extinction’
Sections of the UK car industry face extinction unless the UK stays in the EU customs union, the president of the CBI has said. Paul Dreschler also said there was “zero evidence” that trade deals outside the EU will provide any economic benefit to Britain. But the government said it was “focused on delivering a… Continue reading CBI chief: ‘Car firms face Brexit extinction’
Jaguar Land Rover moves Discovery production to Slovakia
Jaguar Land Rover is to move all production of its Discovery from the UK to Slovakia in a move that could lead to job losses. Britain’s biggest carmaker, which is owned by India’s Tata Motors, said production will be transferred early next year. In 2016, the company said it would produce Discovery models in Slovakia.… Continue reading Jaguar Land Rover moves Discovery production to Slovakia
UPDATE 1-Jaguar to cut more UK jobs as it moves Discovery output to Slovakia
LONDON (Reuters) – Jaguar Land Rover (JLR) is set to cut more jobs in Britain as it moves all production of its Discovery car to lower-cost Slovakia before building its new Range Rover at an English factory. The Jaguar logo is pictured at a Jaguar Land Rover showroom in Mumbai February 13, 2013. REUTERS/Vivek Prakash/File… Continue reading UPDATE 1-Jaguar to cut more UK jobs as it moves Discovery output to Slovakia
European car industry defends emissions standards amid TRUE Initiative media storm
The European Automobile Manufacturers’ Association (ACEA) has panned The Real Urban Emissions (TRUE) Initiative, describing its claims as ‘misleading’. The TRUE Initiative, involving the International Council on Clean Transportation, FIA Foundation, Global NCAP, Transport & Environment and C40 Cities, claimed that even new diesel cars were failing to meet emissions standards set by the European Union, based… Continue reading European car industry defends emissions standards amid TRUE Initiative media storm
UK car manufacturing recovers 5.2% in April; engine building reaches new peak
UK car manufacturing was also given a boost in April as output rose by 5.2% from April 2017 to 127,952 units, putting the brakes on a production downturn that has been in motion all year. Last month, UK car plants received a 7.3% increase in demand from the domestic market, while overseas demand was up… Continue reading UK car manufacturing recovers 5.2% in April; engine building reaches new peak
Analysis: the challenges facing Jaguar Land Rover
The decision last month to lay off 1000 contract staff out of a total 40,000 workforce may be a disaster for those affected but, on the face of it, it does not signal serious structural issues for Jaguar Land Rover’s business. That said, although JLR has expanded at pace since its near-death experience after the… Continue reading Analysis: the challenges facing Jaguar Land Rover
UK car manufacturing bounces back by 5.2% in April
UK car manufacturing was given a boost in April as output rose by 5.2% to 127,952 units, putting the brakes on a production downturn that has been in motion all year. Last month UK car plants received a 7.3% increase in demand from the domestic market, while overseas demand was up by 4.7%. In total,… Continue reading UK car manufacturing bounces back by 5.2% in April