Hard Brexit will cost Ford £615m this year, carmaker warns

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Hard Brexit will cost Ford £615m this year, carmaker warns Empty Hard Brexit will cost Ford £615m this year, carmaker warns

Post  fatbob5 on Thu Jan 24, 2019 5:22 pm

A hard Brexit will cost Ford as much as $800m (£614m) this year alone as a result of World Trade Organisation (WTO) tariffs and the weakening pound – one of the biggest individual company hits forecast so far from the UK crashing out of the EU.


Sky News has learnt that Ford executives, who have already outlined plans for a wide-ranging restructuring of its operations in Europe, have privately calculated that a no-deal departure would have a severe impact on the company's profits in the first nine months of Britain's post-Brexit existence. .....................


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Hard Brexit will cost Ford £615m this year, carmaker warns Empty Re: Hard Brexit will cost Ford £615m this year, carmaker warns

Post  Flap Zappa on Fri Jan 25, 2019 12:49 am

[You must be registered and logged in to see this link.] wrote:A hard Brexit will cost Ford as much as $800m (£614m) this year alone as a result of World Trade Organisation (WTO) tariffs and the weakening pound – one of the biggest individual company hits forecast so far from the UK crashing out of the EU.


Sky News has learnt that Ford executives, who have already outlined plans for a wide-ranging restructuring of its operations in Europe, have privately calculated that a no-deal departure would have a severe impact on the company's profits in the first nine months of Britain's post-Brexit existence. .....................


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that would be ford that the EU paid to transfer transit production to turkey would it?

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