Ford step up preparations to move production out of Britain

Ford Motor Co have stepped up preparations to move production out of Britain due to Brexit uncertainty.

The automaker told the prime minister during a private call with business leaders that it is preparing alternative sites abroad, The Times has reported.

The company’s representative said on the call: “This isn’t about contingencies any more – we are taking steps because of the uncertainty. It’s real.”

Ford, which operates two engine plants in Britain, last month said that it faces a bill of up to $1 billion (775 million pounds) if Britain leaves the Europe Union without a deal.

It follows warnings from other car makers and manufacturers, who could be left hamstrung by a prolonged or messy divorce with the union.

Last week Nissan Motor Co said it scrapped plans to build its new X-Trail SUV in Britain and will produce it solely in Japan, saying that uncertainty over Britain’s departure from the EU was making it hard for it to plan for the future.

Jaguar Land Rover has also announced that it plans to axe up to 5,000 jobs, which showed a “Brexit bomb is exploding over Britain’s manufacturing industry”, The Independent’s Chief Business Commentator James Moore said.

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About Cholo Brooks 13335 Articles
Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.