On Thursday, British automaker Jaguar Land Rover (JLR) has announced that it will suspend production for one week after the October 31st (Brexit date), as a “cautious” measure.
BMW and Toyota both have said that they will not build cars at their British factories on the day after Brexit, 1 November, according to local press reports.
“Jaguar Land Rover confirms that it will be suspending production at all UK manufacturing plants for one week commencing 4 November 2019,” a company statement said.
“This prudent decision reflects the need to adjust production in the face of ongoing uncertainty caused by global external headwinds, including Brexit, which have impacted our sales volumes.”
The announcement came after Britain’s point man on a no-deal Brexit, Michael Gove, said that the auto sector was “ready” for a brutal exit by the UK from the bloc.
The UK’s Society of Motor Manufacturers and Traders has warned that the cost to auto companies of one minute of stopped production time in Britain would amount to 54,700 euros (£50,000).
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