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)
Copyright POOL New(Reuters)
By Reuters
Share this articleComments
Share this articleClose Button

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)

Share this articleComments

You might also like