BMW moves UK Mini plant shutdown in case of no Brexit deal

BMW says it is scheduling a weeks-long shutdown of its Mini plant in England to coincide with Brexit as insurance against supply hiccups from a disorderly British departure from the European Union......»»

BMW's Chief Executive on Thursday said the German carmaker can move more production of its Mini to a plant in the Netherlands if Britain fails to strike a trade deal with the European Union after its exit from the common market......»»

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The boss of carmaker Bentley said failure to reach a Brexit deal would be "quite damaging" to annual profit in the worst case scenario, limit the company's ability to invest and could lead to its plant closing for an additional few days......»»

British businesses trading with the European Union can apply for a special status allowing them to circumvent some of the hurdles that a disruptive departure from the bloc could create, the U.K.’s tax authority said Monday......»»

Tesla wrestles a deal with local authorities to fully reopen its car-making plant in California, and Wall Street’s attention moves on to possible capacity constraints and longer-term sales goals......»»

Getty Brexit is set to be delayed until next year after European Council President Donald Tusk recommended European leaders accept Britain's request to extend the Brexit.....»»

U.S. stocks rose on Thursday, supported by Netflix and Morgan Stanley following upbeat reports, with investors also cheering Britain's preliminary last-minute deal with the European Union......»»

No-deal Brexit tariffs of 10% on cars would be unsustainable for Nissan in Europe, where the carmaker's operations include a British and Spanish plant, the Japanese firm warned on Thursday......»»

Nissan said it will begin making the next-generation Juke vehicle at Britain’s biggest car plant on Monday, just over two weeks before a possible no-deal Brexit which the industry has warned could bring production to a halt......»»

Vice President Mike Pence on Sept. 5 in London made the case for a post-Brexit U.S.-United Kingdom trade agreement, asserting that such a deal could triple or quadruple bilateral trade. read more.....»»

Suspending parliament has cast doubt on legislation deemed crucial to the U.K. financial services industry in case of a no-deal Brexit......»»

The British pound slid to a fresh two-year low on Monday as concerns about the country leaving the European Union without a deal intensified amid moves by Prime Minister Boris Johnson in his first few days in office......»»

Sterling has plunged back below 1.23 for the first time since March 2017 after new U.K. Prime Mini.....»»

The British pound slid to a fresh two-year low on Monday as concerns about the country leaving the European Union without a deal intensified amid moves by Prime Minister Boris Johnson in his first few days in office......»»

The threat of a no-deal Brexit is back, and companies on both sides of the English Channel are gearing up once again for the scenario they consider the worst case. Prime Minister Theresa May had all but ruled out the possibility of Britain exit.....»»

The threat of a no-deal Brexit is back, and companies on both sides of the English Channel are gearing up once again for the scenario they consider the worst case. Prime Minister Theresa May had all but ruled out the possibility of Britain exit.....»»

With three weeks to go before Britain is due to exit the European Union, interest in selling the pound against the dollar and euro is dwindling as currency traders bet that the worst-case scenario of a no-deal Brexit will be averted......»»

Aviation giant Airbus has threatened to leave Britain if the country leaves the European Union without an agreement on future trading relations. .....»»

Airbus threatens to leave Britain if country exits EU without trade agreement, underscoring business concerns that the government is moving to.....»»