Toyota warns to stop production under no deal Brexit report Skip to main content

Toyota warns to stop production under no deal Brexit report

USNMix Report: Toyota can stop production of cars in this country.
Toyota, Japan's automaker, has warned that in the event of a brexit deal, it would stop production in the UK by 2023. Toyota Europe's Chief Executive Officer Johan Van Zyl, at the Geneva Motor Show, said, "If business is difficult, then the shutdown may be considered." They also mentioned options to reduce production and investment.

Spokesperson also supported
A Spokesperson of Toyota also supported the statement made by Van Zyl. The spokesman said, "On the questions related to the closure of Japanese business correspondents in Britain, he said that this is an option in general references. Of course we have to compete and the business environment is an important factor. "

Toyota warns to stop production under no deal Brexit report


UK emerging out of the European Union
Significantly, Britain is going to exit the European Union on March 29. However, the ongoing talks with regards to the relation of post-relation relationship to breakage are still unexpected.

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