BMW will continue producing cars despite Brexit concerns

Earlier comments published by the Financial Times suggested that BMW would move out of Britain due to Brexit-related supply chain disruptions.This report clarifies on that.

On Tuesday, BMW’s special representative in Britain stated the automaker is not considering moving its production facilities out of Britain due to Brexit-related uncertainties.

During an industry conference, when asked to comment on whether BMW was “actively considering” moving its production facilities out of Britain due to uncertainties over future trade relationships with the European Union, Ian Robertson said, “No we’re not.”

He went on to add, “We are committed to our operations in the UK, our workforce here”.

This is in contrast to comments published in the Financial Times on Monday where a BMW executive suggested that the German carmaker would close its British factories which make Mini and Rolls-Royce cars over Brexit-related supply chain issues.

According to Robertson, those comments were taken out of context and referred to supply chain disruption resulting in delays to production at factories.

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Categories: Creativity, Economy & Finance, Entrepreneurship, Geopolitics, HR & Organization, Strategy

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