Toyota Motor Corp. anticipates halting production at its Midlands UK factory in the event Britain leaves the European Union without a deal, plant managing director Marvin Cooke told the BBC.
The Japanese company operates the Burnaston car plant that produced 150,000 vehicles last year, with about 90 percent of the units shipped to the EU, while components come the other way, the BBC reported. The factory has 2,500 employees, the company said on its website. “My view is that if Britain crashes out of the EU at the end of March, we will see production stops in our ...
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