Re: Toyota To Build New Car In UK
Originally Posted by
OldGreyFox
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I don't think anyone has correctly PREDICTED what will happen in a move to exit the EU, some have tried and failed miserably.....
Mark Carney for one....
The CEO of Toyota said he would remain in Britain whichever way the referendum went, and now we see him investing in Britain. Siemens have done the same with a massive wind turbine manufacturing plant in Hull. Seem like some businesses are not fooled by the doom and gloomers....
Yeh your right about PREDICTIONS although the ones by brexiters far out weigh those by Mr Carney.
I'm sure you can think of some £350m, 40 trade deals, easiest negotiations ever, leave on the 29th you get the message???
Mr van Zyl told the BBC if the firm is unable to sell into the EU market duty free, it will harm its UK operations.
Many carmakers in Britain have warned a bad or no Brexit deal would be damaging for the UK car industry.
"If we have anything that has an impact on your competitiveness of manufacturing in the UK, it will definitely have an impact on future investment decisions," Mr van Zyl said in response to a question about a "no-deal" Brexit scenario.
"The reason for many manufacturers being in the UK is the fact that they could export to the European market duty free - and that is a critical one," he told the BBC on the sidelines of the Paris Motor Show.