BMW warns it would consider HALTING production of classic British Mini in Britain if there was a no-deal Brexit
- Peter Schwarzenbauer said no-deal Brexit was ‘a danger’ for the famous car
- He warned ‘we cannot absorb 10 per cent costs’ added by a possible no-deal
- Carmaker becomes the latest firm to warn of the impact of a no-deal Brexit
- Mini plant in Cowley, Oxford, currently employs more than 4,500 people
BMW has warned it may have to ‘consider’ halting production of the Mini in the UK if there is a no-deal Brexit, putting thousands of jobs at risk.
Peter Schwarzenbauer, who sits on the board of BMW said it could not afford the added costs to production of the classic British marque if export tariffs were introduced.
He told Sky News: ‘If this was to come, which is the worst-case scenario … we would need to consider what it actually means for us in the long run. For Mini this is really a danger no doubt about it.
Asked if it could affect production at the Mini plant in Cowley, Oxford, he added: ‘We at least have to consider it you know, because we cannot absorb 10 per cent costs.’
BMW chief Peter Schwarzenbauer warned that no-deal Brexit could affect Mini production in the UK because of the adding export costs it could create, threatening thousands of jobs
Cars have been made at Cowley in Oxford for around a century and the site currently has around 4,500 staff
He added that the company would also not be very happy with a two or three month delay to Britain’s departure from the European Union because the industry has been preparing for a March 29 exit.
The Cowley plant has been making cars in on form or another for around 100 years.
The warning from BMW comes less than two years after it announced production in the UK of the electric Mini would start this year at the Oxford plant.
It is the latest Brexit intervention from a major car manufacturer warning about the impact of leaving without a deal.
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Last September the UK head of Toyota has warned the company might have to halt car production for ‘months’ in the case of a no-deal Brexit, potentially putting jobs at risk.
Marvin Cooke, the firm’s managing director, said that the impact of any border delays in the ‘unprecedented’ scenario would be hugely damaging for a firm that sources parts from all across Europe and ships them to Britain for assembly.
Toyota employs some 3,000 in the UK at two sites, the main vehicle assembly plant in Burnaston, Derbyshire, and an engine site in north Wales.
Other warnings have come from Jaguar Land Rover and Honda.
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