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LONDON, July 5 (WebNoviny.sk) – Car manufacturer Jaguar Land Rover (JLR) warned that the "bad" agreement on the brexite would jeopardize its investment plans at United Kingdom up to 80 billion. (19659002) Britain's largest automaker says that if trade is not unhindered, its investment in Britain will be jeopardized, informs bbc.com
"The bad deal on brexite would cost one more profit $ 1.2 billion for Jaguar Land Rover, GBP per year, " said CEO Ralf Speth.
"We have to drastically adjust our spending.Over the last five years, we have spent $ 50 billion in the UK GBP and in the next five years we plan to to spend $ 80 billion GBP This could be jeopardized, " quotes bbc.
Jaguar Land Rover builds a race at Nitra. The British car manufacturer in Slovakia invests 1.4 billion euros. It is expected that the first vehicles will come from the production line in late 2018. In June, the automaker said it was planning to move the production of Land Rover Discovery SUV from Birmingham to Slovakia. next year. Originally, JLR claimed that Discovery's production would be divided between the United Kingdom of Solihull and Slovakia
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