Toyota will suspend British production in the aftermath of Brexit

0
5



TOYOTA TO SUSPEND UK PRODUCTION IN THE NEXT BREXIT

LONDON (Reuters) – Toyota will suspend its production of vehicles at its British plant the day after the exit of the United Kingdom from the European Union, scheduled for October 31, to avoid possible disruption, said Friday the manufacturer Japanese.

"We will pause production on the first day of Brexit on Friday 1st, then (…) we will resume production on Monday and Tuesday," said a spokesman for Toyota, adding that the group had already made inventory for a few days. "We'll see what the situation will be after that."

The new British Prime Minister Boris Johnson promised that his country would leave the EU on October 31 with or without agreement.

The automotive sector, the Kingdom's largest exporter, is fiercely opposed to a "no deal" and warned that production could be affected by the reestablishment of customs barriers and additional administrative procedures.

Toyota's production at its Burnaston plant in Derbyshire accounted for just over 8% of the 1.52 million cars assembled last year in Britain.

(Costas Pitas, Claude Chendjou for French service, edited by Bertrand Boucey)



Source link
https://www.boursorama.com/bourse/actualites/toyota-suspendra-sa-production-britannique-au-lendemain-du-brexit-6d4c310f4fd28c687786edd52c0c0d7a

LEAVE A REPLY

Please enter your comment!
Please enter your name here

19 − 3 =