Production starts in November, so I assume a huge investment has already happened and everything is moving ahead.Errm have you read that article? It includes this:
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Oliver Zipse, BMW AG board member for production, said he was confident the new model would be successful but issued a warning about Brexit.
He said: "We're entering an era in which electric cars will become a common choice for our customers. The automative industry is in the middle of a transformative phase.
"We're committed to the UK as a manufacturing base, but we need certainty of the future relations between the UK and the EU."
Mr Zipse also confirmed BMW had stopped producing petrol engines at its Warwickshire factory for cars built in South Africa because of fears over post-Brexit tariffs.
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And right in the middle of it is a link to another article saying (and I quote)
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"BMW has given its strongest warning yet that a no deal Brexit will force it to move out of Oxford.
Senior representatives in the German car company sounded dire warnings about the future of Mini production in the city today.
Amid growing fears that the UK will crash out of the European Union on March 29 without a deal, the company is now actively considering moving everything to Holland.
With 4,500 jobs at risk, Graham Biggs, corporate communications director of BMW, said he could not give staff 'any guarantees' about the future.
He said: "In the event of a no-deal Brexit, some or all of the production of the Mini could be moved to Holland where we have a plant.
"We need frictionless trade and a no-deal Brexit will not give us that from what we can see."
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So despite Brexit so far - but NOT despite a no-deal Brexit, or any deal that makes it more difficult to trade.
Errm have you read that article? It includes this:
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Oliver Zipse, BMW AG board member for production, said he was confident the new model would be successful but issued a warning about Brexit.
He said: "We're entering an era in which electric cars will become a common choice for our customers. The automative industry is in the middle of a transformative phase.
"We're committed to the UK as a manufacturing base, but we need certainty of the future relations between the UK and the EU."
Mr Zipse also confirmed BMW had stopped producing petrol engines at its Warwickshire factory for cars built in South Africa because of fears over post-Brexit tariffs.
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And right in the middle of it is a link to another article saying (and I quote)
--------------------------------------------------
"BMW has given its strongest warning yet that a no deal Brexit will force it to move out of Oxford.
Senior representatives in the German car company sounded dire warnings about the future of Mini production in the city today.
Amid growing fears that the UK will crash out of the European Union on March 29 without a deal, the company is now actively considering moving everything to Holland.
With 4,500 jobs at risk, Graham Biggs, corporate communications director of BMW, said he could not give staff 'any guarantees' about the future.
He said: "In the event of a no-deal Brexit, some or all of the production of the Mini could be moved to Holland where we have a plant.
"We need frictionless trade and a no-deal Brexit will not give us that from what we can see."
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So despite Brexit so far - but NOT despite a no-deal Brexit, or any deal that makes it more difficult to trade.
I get what they have said, but what they have actually done is telling.You'd hope so of course. But that's not what the company execs say in those two articles - of course, it may be that the delay in leaving has helped in his case, and they are now committed.
I think it does show (at the very least) that business is not so comfortable or sanguine about a no-deal as some might have you believe though!
Oh - see. So the bits of an article you agree with are facts and bits you don't (like the execs comments) are 'fake news' or click bait! No wonder you like Trump!I did..... back linking is a "journalistic" (phrase used very loosely) thing these days. Purely for click bait. Then throw in a quote from a while ago to balance the good news..... or cast doubt, take your pick.
They won`t be throwing that investment down the pan anytime soon.
Oh - see. So the bits of an article you agree with are facts and bits you don't (like the execs comments) are 'fake news' or click bait! No wonder you like Trump!
I suspect that isn't in the last 3 years EY, unless you are a bit younger than I think you are!