BMW stated it was continuing to plan for a no-deal Brexit, given uncertainty around Prime Minister Theresa May’s deal following resignation of several ministers in protest. BMW welcomed this week’s draft withdrawal agreement as a “positive step” in the correct direction but stated the political situation was not certain. “Uncertainty is not good for business.
BMW would have to shut down its Mini and Rolls-Royce plants located in Britain if Brexit seriously disrupts its supply chain, an executive at the German automaker told the Financial Times. The warning comes after concerns voiced previous week by the head of Siemens’ operations in Britain, who informed Reuters that the nation should stay
British employees at BMW‘s Mini and Rolls-Royce cars and truck plants have supported strike action over plans by the German automaker to close the company’s last salary pensions, Britain’s most significant trade union stated on Friday. The firm wishes to close its two last wage pension schemes starting from June and move all personnel to
German automaker BMW, which owns Mini and Rolls-Royce plants located in Britain, stated the country needs to pay attention to the views of worldwide business during Brexit talks, with continued tariff-free access to Europe of essential significance. “As a significant investor and company in the UK, the BMW Group securely believes the government should take
British employees at BMW’s Mini and Rolls-Royce vehicle plants are to be balloted for strike action over strategies by the automaker to close the company’s final wage pension schemes, Britain’s most significant trade union stated on Friday. BMW wishes to close two final salary plans and move all staff to less generous pension arrangement which
BMW board member Oliver Zipse stated there is no requirement to choose yet whether the Brexit vote is a factor to move production of its Mini brand name far from Oxford to other areas in Europe. Britain’s vote in June to leave the European Union has actually raised doubts on whether it can keep tariff-free