Brexit Kills  Its First Car
Brexit Kills  Its First Car

Brexit Kills Its First Car

Brexit Kills Its First Car

The UK’s controversial rejection of the European Union has claimed its first automotive victim, but it’s almost certainly not the car anybody thought about. It is not a car from British mainstays like Jaguar, Land Rover, Mini, Lotus, Bentley or Rolls-Royce. In fact, far from being a British car, the victim is just about the most German car imaginable, Forbes reported. It is a Volkswagen and it is a convertible. Volkswagen’s brand chief, Herbert Diess, last week admitted the confusion and high probability of cross-border tariffs played a key role in the termination of a new convertible. Though he would not reveal which convertible, sources suggest it would either have been the Mark 8 Golf Cabriolet or the next Beetle Cabriolet, rather than a stand-alone Cabrio, like the unloved and abandoned Eos. “We are concerned about the UK,” Diess admitted. “We wanted to do a convertible now, but with the relatively weak UK market and the uncertainty about what will happen, we had to think against it.


Short URL : https://goo.gl/7YWEfg
  1. https://goo.gl/4AjDPj
  • https://goo.gl/7Xwydx
  • https://goo.gl/qrSJmt
  • https://goo.gl/6PNmoS
  • https://goo.gl/FqFzzJ

You can also read ...

Stadler Rail’s business with Iran is worth billions of Swiss francs.
In early March, the Swiss Embassy in Tehran gladly announced a...
Iran to Increase Exports to US Despite Sanctions
A senior Iranian trade official has announced that the country...
Grab Clinches Deal With HSBC
Ride-hailing startup Grab has secured a $370 million five-year...
Audi CEO Arrested Over Diesel Scandal
Audi CEO Rupert Stadler was arrested in Munich on Monday in...
Trends in Housing Sales, Rents
The Statistical Center of Iran has presented crucial data...
Iran Proposes to Set Up IMO Offices in West Asia
The Ports and Maritime Organization of Iran has announced its...
Gov’t Limits  Forex Supply  to Importers
The government has curbed the allocation of foreign currency...
Over 2.55 billion shares worth $169.2 million were traded at TSE on June 18.
Tehran stocks showed no signs of backing down on their rally,...

Add new comment

Read our comment policy before posting your viewpoints