Toyota to Keep Auris in U.K., Showing Post-Brexit Confidence

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Toyota Motor Corp. will keep its plant in Britain as the sole European producer of its Auris hatchback in a bet the country can remain competitive after it negotiates an exit from the European Union next year.

The world’s second-biggest auto manufacturer will make the third-generation Auris at its Burnaston factory near Derby in northern England, powered by engines from the Deeside facility in Wales, it said on its website Wednesday.

The decision, which safeguards about 3,000 jobs, comes as a boost for the U.K. automotive industry as uncertainty over terms of the... READ MORE HERE
 
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