Macron makes car industry rescue conditional on upping car production in France - this could have knock on effects on plants here, particularly at a time when car industry faces 10% tariff on exports and imports if there’s no post Brexit trade deal... https://www.bbc.com/news/business-52814074">https://www.bbc.com/news/busi...
Spanish Government too has been pitching hard to Nissan for survival of its Barcelona plant, after leaks (had desired result?) ahead of anticipated announcements tomorrow suggested production moved to France & Sunderland would focus on SUVs: https://amp.expansion.com/empresas/motor/2020/05/25/5ecb8464468aeb4f518b45ae.html?__twitter_impression=true">https://amp.expansion.com/empresas/...
quite an interesting interaction though between the Covid rescues /bailouts/ talks some carmakers in UK are asking for and the rising prospect of tariffs on car exports to main European market...
Eg could assuage car industry no deal concern with bigger covid rescue...
Eg could assuage car industry no deal concern with bigger covid rescue...