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Concern for a "bad" Brexit deal in the British economy: after several companies have recently implemented a withdrawal from the UK, the traditional car brand Jaguar Land Rover has warned against potential losses of billions of dollars. Drastic "Investment Budget Adjustment." The UK's largest union has accused the London government of playing Russian roulette with tens of thousands of jobs.
The Heart and Luck. Jaguar Land Rover's soul would be in the UK, said Ralph Speth, general manager of the luxury automaker.Since 2008 belongs to the Indian company Tata Motors. "However, we and our partners in the supply chain are facing an unpredictable future if the Brexit negotiations do not maintain a free and harmonious trade with the EU, "added the German director.
No investment without increased reliability
Jaguar Land Rover needed "greater security" to continue to invest significantly in the UK and to cover its suppliers, customers and its 40,000 UK workers.A "Poor Brexit" – with barrages Trade between the UK and its major trading partners – could cost more than 1.2 billion pounds (1.3 billion euros) of profit to Jaguar Land Rover a year.
Video: Jaguar i-Pace Test
"As a result, we will have to drastically adjust our investment profile," Speth warned. According to his statements, Jaguar Land Rover plans to invest 80 billion pounds in the next five years.
In 2017, Jaguar Land Rover sold a total of 621,000 vehicles, about 80% of which were sold abroad. Every third car exported from the UK carries the Land Rover or Jaguar brands. The European continent is one of the most important sales markets.
Union sees the "Russian roulette" of the government
Following Speth's warning, Unite Union appealed to the British government to negotiate an agreement on Brexit "that benefits the workers of this country". The head of the Union, Len McCluskey, warned the conservatives of Prime Minister Theresa May to play "Russian roulette" with "our jobs". On May 29, May 29, 2019, his firm will meet for an important meeting on Brexit. should be done. It will also develop plans for future trade and customs agreements with the EU. The May Cabinet is divided on these questions
. In recent weeks, several large companies have warned of uncertainties regarding the exit of Britain from the European Union. The European aircraft manufacturer Airbus has demanded a clear agreement and otherwise threatened its withdrawal from Britain; Siemens and BMW have also warned vigorously about the consequences of Brexit.
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