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Toyota says Brexit talks drift could threaten UK production

Britain's car industry is increasingly anxious that its exports could face tariffs and other barriers after 2019

Reuters  |  London 

Deepening uncertainties over the direction and timetable of Brexit negotiations may force Toyota to shift some UK production elsewhere if they are not addressed, the Japanese carmaker warned on Tuesday. Early government assurances that free trade with the European Union would survive Britain's departure have been replaced by talk of transition periods, Toyota Executive Vice President Didier Leroy told Reuters. "A few months ago the UK government was saying, 'We're sure we'll be able to negotiate (a deal) without any trade tax,'" Leroy said in an ...

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First Published: Wed, September 13 2017. 02:14 IST