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Brexit

Why the U.K. Auto Industry Is Stalling Over Brexit Risks

A car side mirror decorated with the Union Jack flag design, attached to a white vehicle, parked in a well-lit area with another car in the background.

Uncertainty caused by Brexit has launched the U.K. auto industry into crisis. Global automakers are pulling back on their investments in the country, and widespread shutdowns and relocations are in the works.…Read More

April 8, 2019   |   Knowledge@Wharton, PVMI In the News, PVMI Podcasts Brexit, Japan, John Paul MacDuffie

Honda’s Plant Closure Puts 7,000 Car Industry Jobs at Risk

Close-up of a car''s front grille with a Honda emblem.

Honda recently announced that it intends to shut down a U.K. factory in 2021, putting a total of 7000 jobs at risk. This figure includes 3500 direct employees as well as additional workers who “provide parts supply, logistics, and support to the Swindon factory,” the company said in a statement.…Read More

February 26, 2019   |   PVMI In the News autonomous vehicles, Brexit, electric vehicles, Honda, Matthias Holweg

UK Car Industry Faces ‘Death by a Thousand Cuts’ After Nissan Decision

Several vertical flags bearing the Nissan logo, displayed outdoors against a backdrop of trees and a clear sky.

Months after the U.K. voted to leave the European Union in 2016, Nissan announced that it would manufacture the newest X-Trail SUV in Britain. Now, with continued uncertainty around Brexit, Nissan has decided to keep all X-Trail production in Japan. …Read More

February 5, 2019   |   PVMI In the News Brexit, manufacturing, Matthias Holweg, Nissan
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