Brexit: what are carmakers’ contingency plans?

From stockpiling to Nissan’s U-turn on making new model in the UK, here’s what firms are doingUK-based ​carmakers have triggered a wave of Brexit contingency plans, with Nissan the latest manufacturer to warn that uncertainty around leaving the EU is “…

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Ford and Volkswagen announce alliance to cut costs in face of tech revolution

Car companies seek to reduce costs amid slowing sales, beginning with development of commercial vans and mid-size pickupsFord and Volkswagen announced details of a new alliance on Tuesday as the two car companies look to cut the cost of the technologic…

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General Motors set to cut workforce as slowing sales and steel tariffs bite

Two US plants and one in Canada affectedTrump steel tariffs have cost GM $1bnGeneral Motors announced it was halting production at five North American facilities on Monday as the US’s largest auto manufacturer deals with slowing sedan sales and the imp…

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Ford U-turn: no-deal Brexit could force carmaker to reconsider UK plans

Change of heart comes as AstraZeneca and Nissan also sound alarm about hard BrexitThe US carmaker Ford has described a no-deal Brexit as a “red line” that would force it to reconsider the scale of its presence in Britain in a dramatic reversal of an ea…

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