Ford backs PM May’s Brexit plan to prevent no-deal ‘catastrophe’

Ford Motor logo

Ford Motor backed UK Prime Minister Theresa May’s Brexit deal on Thursday to prevent a no-deal “catastrophe,” but stated she still required to guarantee long-term frictionless trade, which is important to the future of its plants in Britain. Ford Europe boss Steven Armstrong informed Reuters the company was thinking about importing more vehicles into Britain […]

BMW says it is planning for no-deal Brexit

brexit and eu

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. […]

Jaguar Land Rover to employ 5,000 staff to enhance autonomous technology

Jaguar Land Rover Discovery 5

UK’s biggest automaker Jaguar Land Rover will employ 5,000 staff as it enhances its skills in autonomous and electric innovation, a welcome business endorsement as Prime Minister Theresa May begins Brexit talks after election. JLR, which has over 40,000 people internationally, stated it would employ 1,000 electronic and software engineers as well as 4,000 additional […]