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

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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)
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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)

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