Brexit

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 The News Wheel

Toyota Reiterates Concerns Over No-Deal Brexit

Toyota Reiterates Concerns Over No-Deal Brexit

Toyota has once again added its voice to warnings about the impact a no-deal Brexit would have on the UK’s automotive industry, stating that it may have to discontinue building the Corolla at its UK factory. Toyota Europe president Johan van Zyl says it is vital that frictionless trade continues in Europe, and that the […]

 The News Wheel

Honda to Shut Down UK Plant as Brexit Looms

Honda to Shut Down UK Plant as Brexit Looms

Honda has confirmed it will close its plant in Swindon, England, as the country prepares to leave the EU. The automaker had warned UK officials many times that thousands of British jobs could be lost if the UK chose to leave the customs union. The Swindon factory produces approximately 150,000 cars a year and employs […]

 The News Wheel

Porsche Asks UK to Commit to 10% Surcharge in Event of No-Deal Brexit

Porsche Asks UK to Commit to 10% Surcharge in Event of No-Deal Brexit

Porsche is asking its British customers to sign a contract that commits them to paying a surcharge of up to 10 percent of their vehicle purchase in the event that a no-deal Brexit goes through. Porsche says the clause was added as a precautionary step and only affects British customers whose cars are likely to […]

 The News Wheel

UK’s Car Industry Prepares for No-Deal Brexit

UK’s Car Industry Prepares for No-Deal Brexit

In case you missed it, the United Kingdom held a vote in 2016 and decided that it wants out of the European Union, or a Brexit. However, this is much harder than it sounds, as leaving the EU also means leaving a free trade area. Intense negotiations are ongoing to try to ensure the economic […]

 The News Wheel

Nissan Speaks Against Hard Brexit

Nissan Speaks Against Hard Brexit

Nissan has been pushing against the United Kingdom’s exit from the European Union since before the referendum in 2016. It’s not completely surprising, considering that the brand is part of the large Renault-Nissan-Mitsubishi Alliance, which has a considerable presence in Europe. In the past, Nissan has made vague rumblings implying that it was unhappy and […]

 The News Wheel

Toyota Warns ‘No-Deal’ Brexit Would Lead to Unprecedented Production Stalls

Toyota Warns ‘No-Deal’ Brexit Would Lead to Unprecedented Production Stalls

Toyota is the latest auto manufacturer to reiterate the warning that a “no-deal” Brexit would lead to unprecedented production stalls at its Burnaston plant in the UK. Last year, Burnaston produced nearly 150,000 cars, with 90 percent exported to nations belonging to the European Union. Toyota says that leaving the EU would cause temporary stoppages […]

 The News Wheel

Honda Warns Brexit Could Force it Out of the UK

Honda Warns Brexit Could Force it Out of the UK

Honda has delivered a fresh warning to UK officials that thousands of British jobs could be lost if the nation leaves the EU’s customs union. Meeting with British members of the European Parliament, Honda representatives explained that the government’s plan to leave the union could hurt their profits so substantially that it would be forced […]

 The News Wheel

Toyota Commits to Post-Brexit Britain

Toyota Commits to Post-Brexit Britain

In the days leading up to Brexit and in its aftermath, a lot of doubt was expressed about auto manufacturers’ ability to continue operating in Britain. Toyota, however, has just announced it is staying on. The next-generation Auris hatchback, known as the Corolla iM in the United States, will be built at the company’s Burnaston […]

 The News Wheel

You Still Can’t Read Nissan’s Brexit Letter

You Still Can’t Read Nissan’s Brexit Letter

Oh 2016, you were a pretty bad year. We’ll see how 2017 ends up measuring against you, but considering that you took David Bowie, Carrie Fisher, and Harper Lee, you’re pretty far ahead. The UK also voted to leave the European Union in a move dubbed “Brexit,” which continues to be a hot topic (and headache) […]

 The News Wheel

Nissan Ready to Evaluate Sunderland Plant After Hard Brexit

Nissan Ready to Evaluate Sunderland Plant After Hard Brexit

This month, the Prime Minister of Great Britain, Theresa May, announced that her nation would be pursuing a “hard” Brexit, which is to say that when the island nation withdraws from Europe, they will not stay in the European Union’s tariff-free single market. This decision was reached when the EU and UK came to a […]

 The News Wheel

Pro-Brexit Sunderland Still Faces Cloudy Future with Nissan

Pro-Brexit Sunderland Still Faces Cloudy Future with Nissan

While Nissan has recently committed to staying in Great Britain with plans to continue building at its Sunderland plant, residents are still sitting on pins and needles about the facility’s future. The situation was recently featured on NPR’s Morning Edition program, and could serve as a cautionary tale to other places considering turning towards nationalism while ignoring […]

 Rebecca Bernard

Nissan Speaks Out About Brexit at Paris Motor Show

Nissan Speaks Out About Brexit at Paris Motor Show

Since the United Kingdom voted to leave the European Union this summer, speculation has sprung up about what that means for Nissan’s plant in Sunderland. Finally, Nissan itself is speaking out, and the news doesn’t look good for the UK. Chief Executive of the Renault-Nissan Alliance, Carlos Ghosn, spoke at the Paris Motor Show this […]

 The News Wheel

Japanese Ambassador Gets Tough on Brexit

Japanese Ambassador Gets Tough on Brexit

Brexit is pretty much the topic that won’t go away when it comes to discussions about the global economy. While the United Kingdom voted to leave the European Union, not a lot of things have actually happened to more clearly define what that means for the British economy and its ties with Europe and other international […]

 The News Wheel

Brexit’s Impact on Nissan Sunderland Plant Becomes Clearer

Brexit’s Impact on Nissan Sunderland Plant Becomes Clearer

Ever since the United Kingdom voted to leave the European Union, the outlook of trade in Britain has been tossed in the air. Brexit negotiations have barely begun, and the UK has yet to invoke the Article 50 that would start the official exit process, so there are no real answers to the questions investors, companies, […]

 The News Wheel

Report: Brexit Could Lead Vauxhall to Leave Ellesmere Port

Report: Brexit Could Lead Vauxhall to Leave Ellesmere Port

There has been an uneasy quiet in the automotive industry since the United Kingdom passed the Brexit referendum that will remove it from the European Union. International auto brands like BMW, Ford, and Nissan all warned the UK against voting yes, promising that the decision to leave the EU would subsequently result in serious consideration […]

 The News Wheel

IHS Automotive Predicts Brexit Will Cost Auto Industry 2.8 Million Units in Global Sales

IHS Automotive Predicts Brexit Will Cost Auto Industry 2.8 Million Units in Global Sales

Unless you’ve been living under a rock, it’s likely you have heard about the United Kingdom’s recent vote to leave the European Union. Maybe you haven’t realized you heard about it, since it has gained the cutesy nickname “Brexit,” or maybe you just don’t give a crap about European politics, but the UK’s decision to […]

 Cat Hiles

Op-Ed: How Brexit Will Affect the UK’s Economy, Automotive Industry, and Families

Op-Ed: How Brexit Will Affect the UK’s Economy, Automotive Industry, and Families

What happens next after the UK's surprising vote to leave the European Union?

Last night, I went to bed a citizen of Europe. This morning, I woke up to find out that this privilege has been stripped from me and my fellow Brits by a people who, thanks to overt scare tactics and misinformation, voted the United Kingdom out of the European Union. As a citizen of the […]

 The News Wheel

BMW Warns Against Brexit

BMW Warns Against Brexit

Today, British voters head to the polls to vote in a referendum to decide if the United Kingdom will leave or remain in the European Union. The campaign has been long and difficult, and car manufacturers, along with other businesses, have been dragged into the debate to give their views of what could happen if […]

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