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In an interview later with Japan’s Nikkei newspaper, Ghosn said that Nissan executives opposed to his plans for closer ties with Renault were behind the allegations against him. The appointment last month of lawyer Junichiro Hironaka, who earned his nickname for his combative style, was widely seen as a move to adopt a more aggressive legal strategy with Ghosn’s defense bvlgari cufflinks replica. Hironaka has argued that the allegations should have been resolved as an internal company matter and blasted the judicial system for keeping his client in jail..
(Reuters) – Carlos Ghosn, the ousted chairman of Nissan Motor, said he was innocent and committed to fighting the “meritless and unsubstantiated” accusations against him, according to a statement ahead of his expected release from prison on bail. “I am extremely grateful for my family and friends who have stood by me throughout this terrible ordeal,” Ghosn said in the statement. “I am innocent and totally committed to vigorously defending myself in a fair trial against these meritless and unsubstantiated accusations.” bvlgari cufflinks replica.
GENEVA (Reuters) – BMW could move some production of engines and its Mini model out of Britain if the country does not secure an orderly departure from the European Union, the German carmaker said on Tuesday, in the latest Brexit warning from the auto industry bvlgari cufflinks replica. Britain, the world’s fifth-largest economy, is due to leave the EU on March 29 but an agreement between London and Brussels has been rejected by UK lawmakers leaving open the possibility of a chaotic exit that could hit trade. One risk of a no-deal Brexit is that British-made engines will no longer be counted as EU content, pushing the total level in some cars below the threshold of around 55 to 60 percent required in many international trade agreements..
“We have some flexibility on the engine side with Steyr in Austria,” Peter Schwarzenbauer, the head of BMW’s Mini brand, told Reuters at the Geneva car show, referring to another BMW plant. “We would need to make some adjustments toward Steyr.”. “We are preparing to be able to do it. Like we are preparing warehouses in the UK to produce cars,” Schwarzenbauer said bvlgari cufflinks replica. A final decision on whether to transfer some production of engines from Hams Hall in central England, where BMW built over 375,000 engines last year, to Austria has not yet been taken, Schwarzenbauer added..
Asked by Sky News if BMW could move Mini production out of its Oxford plant in southern England in the event of a chaotic Brexit, Schwarzenbauer said: “We at least have to consider it.” bvlgari cufflinks replica. Britain’s once booming car industry is already recording drops in sales, investment and output, with Japan’s Honda delivering the biggest blow so far by announcing plans to close its UK factory. The industry, which employs about 850,000 people and is largely owned by foreign firms, has been rushing out plans to cope with a potential no-deal Brexit, such as building stocks and in some cases organizing plant closures around Brexit day..