New blow for UK car industry as European parts factories close
More than 1,400 British jobs are at risk after two European suppliers of car parts, Schaeffler and Michelin, announced plans to close UK factories in a blow to the wider automotive industry ahead of Brexit.
Schaeffler, the German car parts supplier, said uncertainty surrounding Brexit had contributed to its decision to close two UK factories, in Llanelli, Wales, and Plymouth, where 570 people are employed. The company said the closures would take place over the next two years.
French tyremaker Michelin announced plans to close its factory in Dundee in 2020, nearly 50 years after it opened and where 845 people are employed. It blamed dwindling demand for smaller tyres. It said the decision was unrelated to the Brexit vote.
At Schaeffler’s plant in Plymouth, a workforce of 350 people makes bearings and machine parts for the firm’s industrial division as well as the aerospace and defence industries.
At Llanelli, about 220 people are employed to make mechanical parts and bearings for the major car manufacturers and other industrial suppliers. The company said it would relocate production from the two UK factories to existing plants in the US, China, South Korea and Germany.
New blow for UK car industry as European parts factories close | Business | The Guardian
KEY: Seat name: 2016 Remain vote -> 'Remain vote today' (percentage point change)
Llanelli: 45% -> 51% (6)
Source
More than 1,400 British jobs are at risk after two European suppliers of car parts, Schaeffler and Michelin, announced plans to close UK factories in a blow to the wider automotive industry ahead of Brexit.
Schaeffler, the German car parts supplier, said uncertainty surrounding Brexit had contributed to its decision to close two UK factories, in Llanelli, Wales, and Plymouth, where 570 people are employed. The company said the closures would take place over the next two years.
French tyremaker Michelin announced plans to close its factory in Dundee in 2020, nearly 50 years after it opened and where 845 people are employed. It blamed dwindling demand for smaller tyres. It said the decision was unrelated to the Brexit vote.
At Schaeffler’s plant in Plymouth, a workforce of 350 people makes bearings and machine parts for the firm’s industrial division as well as the aerospace and defence industries.
At Llanelli, about 220 people are employed to make mechanical parts and bearings for the major car manufacturers and other industrial suppliers. The company said it would relocate production from the two UK factories to existing plants in the US, China, South Korea and Germany.
New blow for UK car industry as European parts factories close | Business | The Guardian
KEY: Seat name: 2016 Remain vote -> 'Remain vote today' (percentage point change)
Llanelli: 45% -> 51% (6)
Source
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