- Wednesday, April 24, 2024
By: Eastern Eye Staff
CAN TATA-OWNED JLR, PLUS NISSAN, HONDA, BMW AND TOYOTA STAY IN UK? AUTOMAKERS in Britain could benefit from medium and long-term opportunities after the UK’s vote to leave the European Union (EU), business minister Sajid Javid said on Tuesday (28). The auto industry, which punches above its weight in manufacturing jobs and lobbying clout, employs 770,000 people in the UK, where car sales are expected to tumble 10 per cent by the end of 2016 as consumers shun big-ticket purchases, according to Evercore ISI, an independent investment banking advisory firm. Javid met representatives from the business trade associations as he…
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