Toyota wants clarity on future of UK auto industry

Toyota's Burnaston plant could be in trouble if the UK crashes out of the EU without a trade deal.
Main reception entrance to Toyota Motor Manufacturing plant at Burnaston near Derby, England. (Nick Moyes/Wikimedia Commons)

Didier Leroy, executive vice-president of Toyota, called on the UK government in late October to provide insight into Brexit negotiations and secure a trade deal for the UK automotive industry. He voiced his concerns amid consistently falling auto production in the UK.

Of the situation, Leroy said:

The UK government should … understand that we cannot stay in this kind of fog when we don’t know what will be the output of the negotiation. As quick as we can get clarity on that, better will be the way we can prepare [for] the future.

Echoing concerns expressed by the leadership of Nissan last year, Leroy said that import duties in the EU market would have a significant impact on Toyota’s business in the UK.

Source: Toyota seeks clarity over Brexit ‘fog’ amid fears over Derbyshire plant | Business | The Guardian