Ford step up preparations to move production out of Britain

Ford Motor Co have stepped up preparations to move production out of Britain due to Brexit uncertainty.

The automaker told the prime minister during a private call with business leaders that it is preparing alternative sites abroad, The Times has reported.

The company’s representative said on the call: “This isn’t about contingencies any more – we are taking steps because of the uncertainty. It’s real.”

Ford, which operates two engine plants in Britain, last month said that it faces a bill of up to $1 billion (775 million pounds) if Britain leaves the Europe Union without a deal.

It follows warnings from other car makers and manufacturers, who could be left hamstrung by a prolonged or messy divorce with the union.

Last week Nissan Motor Co said it scrapped plans to build its new X-Trail SUV in Britain and will produce it solely in Japan, saying that uncertainty over Britain’s departure from the EU was making it hard for it to plan for the future.

Jaguar Land Rover has also announced that it plans to axe up to 5,000 jobs, which showed a “Brexit bomb is exploding over Britain’s manufacturing industry”, The Independent’s Chief Business Commentator James Moore said.

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5 Responses

  1. billy bunter

    Every International company in the UK will move most of its production to Europe and Asia. The UK will end up as a semi-wasteland. We owe this to the seventeen million morons who voted for Brexit. The only good thing to come out of it will be that most of those 17mill will lose their jobs and will default on their mortgages and their property values will crash. Unfortunately the rest will suffer. IDIOTS

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