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Jaguar Land Rover says hopeful of smooth trading after Brexit

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Jaguar Land Rover says hopeful of smooth trading after Brexit

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LONDON (Reuters) – Jaguar Land Rover <TAMO.NS> is hopeful that exporters in Britain will be able to trade in Europe after Brexit without bureaucracy and red tape because politicians on both sides will want to do the best for their countries, its boss said on Thursday. JLR, owned by India’s Tata Motors, is Britain’s biggest carmaker. “I’m absolutely convinced that the politicians on both sides, continental Europe but also the UK, are interested to do the best for the society,” Chief Executive Ralf Speth told BBC Radio. “So therefore I’m quite clear and hope that we get free and fair trade also in the future, without bureaucracy, without red tape so that the export industry … can grow again.”

(Reporting by Kate Holton, editing by Estelle Shirbon)
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