BREAKING NEWS

BREAKING NEWS

No-deal Brexit could prompt BMW to consider moving Mini production out of UK: Sky News

No-deal Brexit could prompt BMW to consider moving Mini production out of UK: Sky News
Workers assemble cars at the plant for the Mini range of cars in Cowley, near Oxford, Britain June 20, 2016. REUTERS/Leon Neal/Pool -
@ Copyright :
POOL New(Reuters)
Text size Aa Aa

LONDON (Reuters) - BMW could consider moving Mini production out of Britain in the event of a disorderly Brexit, board member Peter Schwarzenbauer told Sky News on Tuesday.

He added that the company would also not be very happy with a two or three month delay to Britain's departure from the European Union because the industry has been preparing for a March 29 exit.

"This would be really a huge burden for the Mini brand," he said of a no-deal Brexit. "If this comes, which is the worst case scenario ... we would need to consider what it exactly means for us in the long run. For Mini, this is really a danger."

Asked if BMW could move Mini production out of Cowley near Oxford, he said "We at least have to consider it."

(Reporting by Kate Holton and Alistair Smout; editing by Stephen Addison)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.