BMW have made a stark warning that it will be forced to close its UK plants, putting 8000 jobs at risk, due to uncertainty surrounding Brexit.
One of BMW’s senior directors has warned that if the company cannot quickly and reliably import components from mainland Europe after Britain leaves the EU it will be forced to close its UK plants.
Mr Freismuth told the Financial Times: “We always said we can do our best and prepare everything, but if at the end of the day the supply chain will have a stop at the border, then we cannot produce our products in the UK.”
‘We don’t want to give up our UK plants’
However, Mr Freismuth has stated that BMW was striving to find ways around the problems posed by Brexit. He said “We don’t want to give up our UK plants” but “If you have a stop for one day, it costs a lot of money, but at the end if there are more stops our management have to decide how this can be sorted.”
Mr Freismuth said that the company was striving to find ways around the problems posed by Brexit. “We don’t want to give up our UK plants,” he said. “We do our best to maintain business continuity.”
BMW employs almost 8,000 people in the UK and has four manufacturing facilities including the Mini plant outside Oxford and the Rolls-Royce car manufacturing and assembly factory at Goodwood.
The warning from BMW follow similar warnings by Airbus and Siemens over the slow progress of Brexit negotiations.