{"id":6429,"date":"2019-03-05T18:02:23","date_gmt":"2019-03-05T18:02:23","guid":{"rendered":"https:\/\/www.wasteyourtime.co\/?p=6429"},"modified":"2019-09-06T22:22:15","modified_gmt":"2019-09-06T21:22:15","slug":"bmw-toyota-could-leave-uk-after-no-deal-brexit","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/bmw-toyota-could-leave-uk-after-no-deal-brexit\/","title":{"rendered":"BMW and Toyota could leave UK after no-deal Brexit"},"content":{"rendered":"

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\"BMW<\/p>\n

Car producers Toyota and BMW have both warned that no-deal Brexit could affect on the production of their cars in the UK.<\/span><\/p>\n

BMW told Sky News it could consider moving production of its Mini from the UK in a no-deal scenario.<\/span><\/p>\n

Previously, \u00a0the head of Toyota’s European operations said a negative result could put future investment at its UK factory at risk.<\/span><\/p>\n

Company bosses lose trust in the UK economy because of Brexit uncertainty.<\/span><\/p>\n

Toyota’s factory near Derby is at risk, said Johan van Zyl to the BBC, and added, if the Brexit “hurdles” are too high it would undermine Toyota’s competitiveness. <\/span><\/p>\n

BMW has said it might stop making the Mini at its Cowley plant in the event of a no-deal Brexit. That would put more than 4,500 jobs and more than 100 years of car-making at the site at risk.<\/span><\/p>\n

The German BMW joined Toyota and Vauxhall owner PSA in an attitude that an uncontrolled exit from the EU would cost British workers their jobs. And, the Geneva Motor Show (Thu, Mar 7, 2019 \u2013 Sun, Mar 17, 2019) is coming with the UK automotive sector under murky water.<\/span><\/p>\n

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