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Old 18-01-2017, 14:53   #3844
1andrew1
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Re: Post-Brexit Thread

Let's hope every vehicle maker can be given the reassurances they require and not just Nissan. It looks like greater efficiency and productivity will be needed in order to compensate for the effects of Brexit.

Toyota warns of Brexit damage to UK operations

Leaving the European single market and customs union will damage the competitiveness of the UK operations of Toyota, the company’s chairman said on Wednesday, deepening the uncertainty facing its British workforce.

Takeshi Uchiyamada told the Financial Times at the World Economic Forum in Davos that while he still hoped for a bright future for Toyota’s operations in Britain, the plants needed to become more competitive if they were to survive the damage from Theresa May’s plans for a hard Brexit.

The warning from one of the world’s largest carmakers comes just 24 hours after the prime minister set out principles that include leaving the single market and the customs union and negotiating future ties and access.
Subscribers can access via https://www.ft.com/content/24ccc368-...c-be108f1c1dce and anyone can read by googling the headline.

It doesn't appear to be related to Brexit, but Toyota is now reducing agency staff at its Derbyshire plant. http://www.burtonmail.co.uk/toyota-c...ail/story.html

Last edited by 1andrew1; 18-01-2017 at 15:04.
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