Theresa May’s industrial plan falls short, risks mistakes, cautions UK lawmakers

Theresa May

UK’s new commercial strategy, unveiled previously this year to prepare the economy for Brexit, is not having the long-lasting thinking and risks making the same mistakes as before, failed plans, a group of lawmakers stated. Prime Minister Theresa May revealed a “Modern Industrial Strategy” in January with the goal of increasing Britain’s weak productivity development […]

Greg Clark says told Nissan he will emphasize common ground with EU

brexit and eu

The British federal government made numerous assurances to Japanese automaker Nissan prior to recent statement it would construct 2 brand-new models in Britain, company minister Greg Clark stated on Monday. The choice to construct the designs at Britain’s biggest vehicle plant, instead of somewhere else in Europe, was won with exactly what a source referred […]

Theresa May’s Nissan deal opens floodgates as competitors seek Brexit reassurance

Jaguar Land Rover

UK’s Prime Minister, Theresa May’s offer to keep Nissan investing in Britain opened the floodgates on Friday to needs from competing automobile companies chasing their own guarantees from the federal government that they will not be harmed by Brexit. Britain’s most significant car maker Jaguar Land Rover and its most significant engine maker Ford welcomed […]

Nissan to develop new models in UK after Theresa May offers support post-Brexit

Nissan Qashqai

Japanese automaker Nissan will construct 2 brand-new models in UK regardless of the vote to leave the EU, providing Prime Minister Theresa May, her crucial corporate recommendation since the Brexit referendum that took place in June. The choice to construct the next generation of its popular Qashqai and X-Trail SUVs at Britain’s biggest automobile plant, […]

Jaguar Land Rover chief executive says European customers are boycotting British cars

Jaguar Land Rover

Europeans are boycotting British vehicles since the Brexit vote, as per in charge of the nation’s greatest auto firm, Jaguar Land Rover. Dr Ralf Speth, chief executive of JLR, likewise joined senior figures at rival companies in warning that a hard Brexit would harm the automobile industry, which supports about 800,000 jobs. Addressing at the […]