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Brexit meltdown? UK car investment tumbles but consumers resilient

31 Jul 2019

LONDON Investment in Britain's car industry has slumped due to fears about a disorderly no-deal Brexit, adding to signs of a manufacturing downturn even as consumers stay relatively resilient, surveys and company comments showed on Wednesday. | Video

Aston Martin shares plunge to new low as carmaker slumps to half-year loss

31 Jul 2019

LONDON Shares in Aston Martin plunged 17% to a post-flotation low on Wednesday after the luxury British carmaker slumped to a half-year loss, the latest automotive firm to be hit by falling demand in Europe.

UK car investment slumps over 70% on no-deal Brexit fears

31 Jul 2019

LONDON, July 31 Investment in Britain's car sector fell by more than 70 percent in the first half of the year due to concerns about a disorderly Brexit, an industry body said on Wednesday, warning that leaving the EU without an agreement was the "worst outcome".

UK denies emergency budget, after junior minister touts stimulatory plan

26 Jul 2019

LONDON Britain on Friday denied it was preparing an emergency budget just hours after a junior minister said a stimulatory spending plan was due in the autumn as Prime Minister Boris Johnson braces for a potential no-deal Brexit.

BMW has moved some engine output from UK due to Brexit

09 Jul 2019

OXFORD, England BMW has moved some engine output from Britain due to Brexit, its production chief said on Tuesday, in a further sign of the decisions firms are having to take to handle uncertainty over the UK's exit from the European Union.

Jaguar Land Rover to build electric cars at UK plant

05 Jul 2019

LONDON Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty. | Video

Jaguar to make multi-million pound electric car investment in UK plant

05 Jul 2019

LONDON, July 5 Britain's biggest carmaker Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in its home market, in a major boost to a sector hit by a slump in diesel sales and Brexit uncertainty.

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