Automakers

PSA's UK factory plans dependent on Brexit talks, Tavares says

PSA's Vauxhall factory in Ellesmere Port, England, could be at risk if Britain leaves the EU without a trade deal. (Matthew Lloyd/Bloomberg)
ET
By:
Edward Taylor and Gilles Guillaume
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R
By:
Reuters
March 03, 2020 02:09 PM

FRANKFURT -- PSA Group could only export cars to Britain and invest in local plants if the UK government helped to offset any potential tariffs imposed after the country's exit from the European Union, CEO Carlos Tavares said.

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