What does Brexit mean for the automobile industry? Image source: Shutterstock (#250675984) by 1000 Words.
BMW initially planned to build the upcoming all-electric Mini in the UK. Due to the Brexit, BMW has changed its plans and will most probably shift the production to its plant in Germany, according to the Handelsblatt. The German automaker has not officially commented but it is reported that BMW will not invest in its Mini plant in Oxford due to the Brexit. However, before final decisions are made BMW officials will meet with British government in the next weeks.
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