Aston Martin making post Brexit plans

Aston Martin making post Brexit plans

Aston Martin hired a supply chain chief and approved Brexit plans to avoid delays by using ports other than Dover and flying in components

This is as the carmaker prepares for a possible no deal in March.

Britain, the world’s fifth largest economy, is due to leave the globe’s biggest trading bloc in just over 80 days but a Brexit agreement looks set to be voted down by MPs next week, making a no deal and potential trade barriers more likely.

Britain’s car industry, which employs over 850,000 people and has been lauded as a success story by politicians, has consistently warned that leaving the EU without an agreement would add costs and could halt output due to snarl-ups.

Chief Executive Andy Palmer said the luxury automaker, which was in October considering plans to fly components and move more in through other ports, had no choice but to authorise such contingencies at a board meeting in December.

“I don’t think we’ve been in a position in the last two years where we’ve been further apart from understanding where we’re going to end up,” Palmer told Reuters.

“We programme a car to align and order all the parts for those cars twelve weeks in advance. You don’t need to do the maths to know that therefore takes us across the Brexit period.”

Published: by Radio NewsHub
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