German Carmaker and Cowley Plant

mini: Speaking at the opening of the Geneva motor show, BMW said it might be forced to stop making the Mini at its Cowley plant near Oxford, putting more than 4,500 jobs and more than 100 years of carmaking at the site at risk, according to The Guardian. The German carmaker was swiftly joined by Toyota, Bentley and France's PSA, which owns Vauxhall, in sounding the alarm about an uncontrolled exit from the EU, adding to the darkening clouds over the UK automotive sector. With 24 days left until Britain's scheduled departure from the EU, some of the automotive industry's most senior figures offered a bleak assessment of the dangers facing a sector on which more than 850,000 people rely for their livelihoods. Brexit won't bother the City but everyone else should worry Nils Pratley Read more Nissan later refused to deny a Sky News report that it will scale back production at its Sunderland facility, saying it did not comment on rumours and speculation . Last month, the Japanese carmaker said Brexit was disrupting plans for its UK business, after cancelling production of its new X-Trail SUV. A spokesperson for the Department for Business, Energy and Industrial Strategy said The government's top priority is to secure a deal with the EU, and to maintain the conditions for further jobs and growth in our world-leading automotive sector. This no-deal Brexit would be really a huge burden for the Mini brand. The BMW board member Peter Schwarzenbauer, who oversees the Mini and Rolls-Royce brands, kicked off the flurry of warnings at Europe's leading motor show, saying the Mini's future in the UK was at stake. (news.financializer.com). As reported in the news.