Published

JLR Call for “Fair Treatment” on U.K. Brexit Deals

Jaguar Land Rover Ltd. CEO Ralf Speth says his company would expect equitable treatment for all carmakers in the U.K. when the British government negotiates trade pacts with Europe after it exits the EU.
#economics

Share

Jaguar Land Rover Ltd. CEO Ralf Speth says his company would expect equitable treatment for all carmakers in the U.K. when the British government negotiates trade pacts with Europe after it exits the EU.

Speth’s comment is in response to remarks made yesterday by Renault-Nissan CEO Carlos Ghosn, who said Nissan Motor Co. is suspending further investment in its British operations pending the outcome of the British government’s negotiations with the European Union to leave the group.

Ghosn said Nissan would consider reviving investment plans if the British government agrees to compensate the company for any new tariffs that might result.

“We want to have fair treatment and a level playing field,” Speth tells Reuters. The U.K.’s Society of Motor Manufacturers and Traders also has urged the government to resolve uncertainties about the U.K. vote to quit the European Union.

RELATED CONTENT

  • Inside Ford

    On this edition of “Autoline After Hours” Joann Muller, Detroit bureau chief for Forbes, provides insights into what she’s learned about Ford, insights that are amplified on the show by our other panelists, Stephanie Brinley, principal analyst at IHS Markit who specializes in the auto industry, and Todd Lassa, Detroit Bureau Chief for Automobile.

  • On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more

    Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.

  • On Global EV Sales, Lean and the Supply Chain & Dealing With Snow

    The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future

Gardner Business Media - Strategic Business Solutions