16-03-2017, 10:53
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#572
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cf.mega poster
Join Date: Dec 2013
Posts: 14,229
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Re: Brexit
Positive gamble by Toyota
Quote:
Toyota hands £240m Brexit boost to UK
Toyota says it is to invest £240m upgrading its car plant at Burnaston in Derbyshire, in what amounts to a vote of confidence in the plant after the Brexit vote.
As carmakers, including Toyoya, scramble to demand tariff-free access to the EU following the split, the company said the money - to improve the factory's competitiveness - included £21.3m of "support" from the UK Government.
Dr Johan van Zyl, the president and Chief executive of Toyota Europe, noted "Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success."
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http://news.sky.com/story/toyota-han...plant-10803437
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