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Jaguar Land Rover general manager, Ralf Speth, warned that if the UK could not get a good deal from the European Union (EU), the company would invest in the country.
Financial Times The United Kingdom, the UK's largest UK shareholder, believes that if the UK fails to agree on the right terms when it will leave the UK EU, its investment plans of about 80 billion pounds will deteriorate and will close its factories in the UK.
In the event that the desired conditions for an agreement with the EU can not be met, the company will be in the UK for the first time, laughed investment plans "A bad The Brexit case costs Jaguar Land Rover about 1.2 billion pounds each year, "he said. As a result, we will not be able to reorganize our expense profile. In the last five years we have invested around £ 50 billion in the UK. Over the next five years, we plan to invest 80 billion additional pounds.
Emphasizing that the UK's commitment to the EU for the future of Jaguar Land Rover is extremely important, Speth said: "If the good deal is not reached then our production facilities in the UK will be in danger, we will have to close it, it would be extremely sad. "
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In the event that the desired conditions for an agreement with the EU can not be met, the company will be in the UK for the first time, laughed investment plans "A bad The Brexit case costs Jaguar Land Rover about 1.2 billion pounds each year, "he said. As a result, we will not be able to reorganize our expense profile. In the last five years we have invested around £ 50 billion in the UK. Over the next five years, we plan to invest 80 billion additional pounds.
Emphasizing that the UK's commitment to the EU for the future of Jaguar Land Rover is extremely important, Speth said: "If the good deal is not reached then our production facilities in the UK will be in danger, we will have to close it, it would be extremely sad. "
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