Brexit-Backing Billionaire Moves Car Production to EU

7 comments
  1. No one is going to buy his knock-off Jeep now it’s not even made in UK. Good luck selling it to Europe

  2. > In September last year, Sir Jim Ratcliffe who owns Ineos, the major chemicals company, announced plans to set up a factory in Bridgend, Wales and build the cars there, saying “the decision to build in the UK is a significant expression of confidence in British manufacturing, which has always been at the heart of what Ineos stands for.”
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    >The new factory was expected to create around 500 jobs in the area, which has recently been hit by the closure of a Ford plant that employed 1,700 people. The Grenadier is based on the original Land Rover, an iconic British car.
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    >However, Ratcliffe, who Bloomberg last year estimated to be worth around £17.5 billion, this week said that he had changed his mind and opted to build the 4×4 vehicle at a former Mercedes-Benz factory in Moselle, eastern France.
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    >”Hambach [the factory] presented us with a unique opportunity that we simply could not ignore: to buy a modern automotive manufacturing facility with a world-class workforce,” Ratcliffe said in a statement.”

    Guess the workforce in Wales that was left behind by FORD isn’t world-class then…

  3. I thought the rules were that news more than 1 month old is not allowed. Is this being allowed because it’s the daily Brexit Ragebait article ?

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