Any Brexit is Jaguar Land Rover is a billion cost

Posted on 21-06-2016 at 18:01 by RubenPriest – 70 Responses”

A possible financial opdonder for the group.

Jaguar Land Rover hopes that the United Kingdom remains connected with the European Union. The much talked about Brexit is the group in the course of the years more than a billion euros in costs. Insiders speak about a sum of 1 billion pounds. This is a decrease of the profit for the year by the year 2020.

This amount was calculated on the basis of the trade rules of the world trade organisation (WTO). With the steps the EU has a tariff of 10 percent will be paid for the export of cars from Jaguar Land Rover to Europe. An additional cost that is now not applicable. A possible Brexit is a slap in the face of the group. After years of financial setbacks picks up Jaguar Land Rover finally found the thread again. With the advent of the F-Type, the XE and the recent F-PACE does Jag is currently in business. (via Autonews)