Brexit: "acute concern" for the UK's car industry

Wednesday, June 29th, 2016 - autos, cars, motoring, news

Source : Brexit: "acute concern" for the UK's car industry

Toyota Auris at Burnaston Jaguar Land Rover along with Toyota reaffirm the commitment to invest inside United Kingdom inside face of the referendum last week, the EU leaders have stressed


British auto industry that will “business as usual” despite the challenges of dealing with voting Brexit.

“This specific can be not the result that will the automobile industry can be hoping for, however the industry must today move to make the change as smooth as possible,” says CEO Mike Hughes SMMT.

The announcement comes just hours after SMMT figures published last year, the industry , revealing how strong growth was before. EU referendum

, speaking at the annual car of the SMMT Summit, Hughes said: “We are facing some uncertainty inside short term along with the future of the automotive industry can be a source of acute concern, however at the moment the industry can be in very Great health along with the item’s usual”

SMMT has identified three key areas where trade negotiations with the European Union must be successful :. Competitiveness, along with access to the EU market along with access to international talent

also faced the press This specific morning, along with Jaguar Land Rover Adrian Hallmark’s strategy director, along with Toyota Europe coach Johan van Zyl.

, “he said the European market can be important, however we have a balanced along with companies export 80% of our production, along with we are committed to the UK” Hallmark.

JLR employs 40,000 people inside United Kingdom.

“We have dealt with the recession along with the various problems in recent times along with Brexit can be just another problem we have to rise to along with overcome,” he added.

Hallmark also confirmed Geller’s commitment to the brand-new factory in Nitra, Slovakia, which has the capacity to build 150,000 cars aluminum-bodied along with manpower inside end 2800.


van Zyl that will will Toyota to “continue its work inside UK along with continue to support the item.

” our next task can be to study the implications of Brexit, along with our industry partners, along which has a long-term solution. I do not want to speculate on what might happen.

Burnaston Toyota factory can be one of nine European plants along with has taken its share of investments Toyota 9000000000 €.

to a large extent, said Van Zyl today work to achieve stability in our business. ” ‘S can be committed to manufacturing the current designs two built plan in Burnaston – along with Oris along with Avensis – for “short-medium term” along with “

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Source: Brexit: "acute concern" for the UK's car industry

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