• Privacy policy
  • T&C’s
  • FAQ
  • Meet the Team
  • About The London Economic
  • Advertise
TLE ONLINE SHOP!
NEWSLETTER
SUPPORT THE LONDON ECONOMIC
  • TLE
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Food
  • Lifestyle
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
  • TLE
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Food
  • Lifestyle
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
No Result
View All Result
Home Business and Economics Business

Thank you Brexit: Germany reacts as BMW considers move

German tabloid BILD’s Leipzig sent its thanks to Britain after news broke that BMW may move production of a new electric Mini to Germany. The paper ran with the headline “thank you Brexit” on Tuesday as BMW refused to deny claims it was considering a move as uncertainty mounts for British manufacturers who export to Europe. A […]

Jack Peat by Jack Peat
March 1, 2017
in Business, News

German tabloid BILD’s Leipzig sent its thanks to Britain after news broke that BMW may move production of a new electric Mini to Germany.

The paper ran with the headline “thank you Brexit” on Tuesday as BMW refused to deny claims it was considering a move as uncertainty mounts for British manufacturers who export to Europe.

A so-called ‘hard Brexit’ could see additional tariffs levied on goods made in the UK but sold in the EU. Last year, 38 percent of the 200,000 Minis made at BMW’s Cowley, Oxfordshire, plant were sent to Europe, the Huffington Post reported.

Production of the electric Mini is slated to begin in 2019 and BMW has to make a decision about where it will produce the new vehicles in the second half of this year.

The company insisted it was business as usual at its four sites in the UK. In a statement, it said: “The decision on where to build the full-electric Mini will be taken this year.

“As formal negotiations between the UK and the EU have not even begun yet it is too early to comment on what Brexit will mean for our business.

RelatedPosts

Brexit is battering UK-EU trade flows, shocking figures show

Nasa’s groundbreaking Mars rover hits the dusty red road in first trip

New variants ‘very unlikely’ to stop Brits getting back to normal by summer, top scientist says

Mass slow clap urged in protest at ‘miserly’ 1% NHS pay rise proposal

“The BMW group has always made clear that we believe integration of the UK into the EU single market, maintaining free movement of goods, services, capital and talent, would be best for business. What’s important for us is that the UK’s negotiations with the EU result in uncomplicated, tariff-free access to the EU single market in future.

“As a major investor and employer in the UK, the BMW group urges the government to take the concerns of international business into account. Not only free trade but also cross-border employment opportunities and unified, internationally applied regulations are of proven benefit to business, the economy and individuals.”

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Support fearless, free, investigative journalism Support fearless, free, investigative journalism Support fearless, free, investigative journalism
Please login to join discussion

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending fromTLE

  • All
  • trending

What If We Got Rid Of Prisons?

Stress, fear and homelessness: The threat looming over families confronted with eviction

File photo dated 07/11/03 of a prison cell.

The Other Prison Pandemic

Latest from TLE

thunder ball results

Thunder Ball Results, Saturday 6th March 2021

National Lottery Lotto Results – Saturday 6th March 2021

Brexit is battering UK-EU trade flows, shocking figures show

The Advantages of Virtual Hair Transplant Consultations

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

Contact

Editorial enquiries, please contact: jack@thelondoneconomic.com

Commercial enquiries, please contact: advertise@thelondoneconomic.com

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Lifestyle
  • Food
  • Property
  • Travel
  • Tech & Auto
  • About The London Economic
  • Meet the Team
  • Privacy policy

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.