BMW could relocate production of the Mini from Oxford to Netherlands, in case of a no-deal Brexit.
In a significant development, BMW’s Chief Executive Harald Kruege disclosed, it could relocate more of its production facilities of its Mini to a plant in the Netherlands in the event of a no-deal Brexit.
“We are very flexible and we could adjust volumes at Oxford and at Nedcar in the Netherlands,” said Krueger to analysts in a call.
In 2018, contract manufacturer VDL Nedcar had produced 211,660 cars in the Netherlands, which represents an increase of 39% in production. In contrast Oxford made 234,501 Mini vehicles for the same period.
VDL Nedcar employs around 6,000 workers working in car assembly, compared with just over 4,500 people building Mini’s in Oxford.