The traditional British car brands Jaguar and Land Rover are setting up shop in a factory in Slovakia. The company is now considering moving even more production out of Britain, in case of a no-deal Brexit.
Jaguar Land Rover is to assemble its new Defender model in Slovakia. The announcement came as the UK's auto association warned of a 30% fall in output in the event of a no-deal Brexit.
Central and eastern European economies are said to be decoupling from western Europe as consumption-led growth replaces the export-driven model. But will domestic spending suffice to fend off a slowdown in the eurozone?
The North American International Auto Show kicks off this week. Largely shunned by European carmakers, the expo will be a concentration of American might. It may also be the end of an era.
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