Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Saturday 29 September 2018 9:45 am  |  Updated:  Tuesday 21 May 2019 4:25 pm

Toyota warns production could grind to a halt in the case of a no-deal Brexit

By: Josh Mines

Add as a preferred source on Google

NULL

Car manufacturer Toyota has warned that a "no-deal" Brexit could force it to stop production at one of its key UK plants. 

The firm is one of the biggest car makers in the UK, and relies on components from the EU to make its vehicles. 

But today it has raised concerns that a "no-deal" Brexit would lead to it temporarily halting production at its facility in Burnaston, near Derby, which makes around 150,000 cars a year. 

"My view is that if Britain crashes out of the EU at the end of March we will see production stops in our factor," Marvin Cooke, Toyota's managing director at Burnaston told the BBC.

He did not give any details on how long a potential stoppage could last for, but hinted it could last for "hours, days, weeks – even months". 

Read more: No-deal Brexit could lead to tariffs of £9.3bn on EU food, report warns

The plant at Burnaston makes the UK's fourth best selling car – the Toyota Auris. The Japanese firm is investing £250m in the site so it can start making its Corolla model at the plant from the end of this year. 

It's planning to take on 400 additional staff at the factory on top of the 4,000 workers it already employs there. 

Other manufacturers have also raised concerns that a no-deal Brexit scenario could affect production. 

Honda told Reuters it was identifying components to stockpile, while Jaguar Land Rover warned it could lose £1.2bn if Britain crashed out the EU without a deal. 

A spokesperson for the UK government said:

We are determined to ensure that the UK continues to be one of the most competitive locations in the world for automotive and other advanced manufacturing.

We have put forward a precise and credible plan for our future relationship with the EU. As part of this we have proposed a UK-EU free trade area underpinned by a common rulebook on manufactured goods, such as automotives.

Read more: Moody's: BA and Easyjet among airlines 'most exposed to a no-deal Brexit'

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Transport & Infrastructure

Related Topics

  • Brexit

Trending Articles

  • Burnham tax plans spark investor rush to bank capital gains

  • Nothing fails to file accounts months after dissolution threat

  • I’ve taken the best train trips in the world. Here are my 5 favourites

  • Cruyff turn: Starmer allows pubs to stay open for England World Cup game

  • PwC joins the Canary Wharf crowd in major property shake-up

More from City PM

  • China’s Chery poised to strike deal with Nissan to build cars at Sunderland plant

    Business
    Chery Tiggo 9 SUV exterior design showcasing sleek lines and modern features in a press kit release image
  • Brexit 10 years on: Labour’s EU reset deal is ‘no growth strategy’

    Politics
    According to a new report from UK in a Changing Europe (UKICE), UK services trade has been more resilient than almost all other advanced economies.
  • Starmer agrees investment deal with Japan as EU deal questioned

    Politics
    UK and Japan leaders discuss bilateral trade agreements at a high-level government meeting in London.
  • Gulf trade deal: Britain should learn from the success of Dubai

    Opinion
    Dubai skyline featuring iconic skyscrapers and modern architecture under a clear blue sky, showcasing the citys urban land...
  • Brexit 10 years on: Business does not want a referendum rerun, says CBI chief

    Business
    CBI Chief Economist Newton-Smith addressing economic trends at a business conference podium with charts in the background
  • The Nichols N1A proves there’s still a market for cars that make no sense at all

    Motoring
    N1A on track
  • Brexit ten years on: my journey from Remain to Leave

    Opinion
    UK Parliament voting on Brexit Leave decision, politicians in debate, capturing pivotal moment in Brexit negotiations
  • Nandy ‘minded to intervene’ in Paramount’s £85bn Warner Bros takeover

    Media
    Paramount, Netflix, Warner logos; media giants intensifying streaming competition and strategic industry shifts

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy