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Read more about Toyota to build new Auris car at UK plant, in Brexit boost for PM May on Business Standard. Carmakers are worried that without the right Brexit deal, their factories could be subject to tariffs
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Brexit boost for PM May
Toyota said on Wednesday it will build the next generation of its Auris car in
England in a welcome boost to Prime Minister Theresa May as Britain leaves the
European Union, confirming a previous Reuters report.
The Japanese carmaker will make its new Auris hatchback at Burnaston,
Derbyshire, replacing the current run of the model made there, the company said
in a statement.
Sources told Reuters last year that Toyota planned to build the model in Britain on
the assumption that ministers will secure a transitional Brexit deal designed to
maintain current trading conditions until at least the end of 2020.
"With around 85 percent of our UK vehicle production exported to European
markets, continued free and frictionless trade between the UK and Europe will be
vital for future success," said Toyota Europe President and CEO Johan van Zyl in
Business minister Greg Clark hailed the announcement and said Britain's
automotive sector was one of the most productive in the world, adding "this
government will continue work to create the best possible environment."
Carmakers are worried that without the right Brexit deal, their factories could be
subject to tariffs and trade barriers, adding to costs and risking the long-term
viability of sites.
Toyota's Burnaston plant churned out 144,000 models last year, down 20 percent
from 2016 according to industry data, as its current line-up of models neared the
end of their product lifecycle.
Nearly one in five of those cars were Avensis models, according to a source
familiar with the situation. The firm did not comment on the future of the model
in its statement on Wednesday. A spokesman did not immediately respond to a
phone call and email requesting comment on the matter.
Article By - Business Standard