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But Prime Minister Theresa May said last week that if UK lawmakers again rejected her Brexit deal, she would offer them a series of votes that could lead her to ask Brussels for a delay letter y cufflinks. BMW said in September it was moving the annual maintenance shutdown for its Oxford Mini plant to April in case of Brexit disruption. The Goodwood plant of its luxury Rolls-Royce Motor Cars brand in southern England has made similar plans. Torsten Mueller-Oetvoes, the CEO of Rolls-Royce Motor Cars, told Reuters a short Brexit delay “would make it even worse .. because then all the prep measurements, in terms of pulling the shutdown forward and so on, would be immediately eroded.”..
“If a delay is necessary, then it should at least continue for some time.”. BMW CEO Harald Krueger said earlier that if Brexit was delayed the company could postpone some contingency plans, but that the maintenance shutdown at Oxford remained set for April. BMW made 234,183 cars in Britain last year, out of the country’s total production of about 1.5 million. Japanese carmaker Toyota also called for clarity on Brexit letter y cufflinks. “Frankly speaking, we would just like to get certainty as quickly as possible,” Johan van Zyl, president and CEO of Toyota Europe said at an event late Monday, echoing recent comments from UK luxury sports car maker Aston Martin..
Zyl said Brexit planning had come at a “huge cost” and warned Britain needed to secure a frictionless trade deal with the EU. “If anything happens between the EU and UK that will have a negative impact on competitiveness of the UK operations, it will put the future in doubt,” he said, referring to the entire UK car industry. Toyota made 129,070 cars at its Burnaston plant in central England in 2018 and is currently ramping up production of its new Corolla model. Carlos Tavares, CEO of Peugeot and Citroen maker PSA Group, was more relaxed about a potential Brexit delay, saying he was in favor if the time was used to find a deal letter y cufflinks.
MADRID/LONDON/ABU DHABI (Reuters) – Private equity firm Carlyle Group is ahead of other contenders to buy a 30 percent stake in Spain’s Cepsa for up to 3 billion euros ($3.4 billion), just four months after owner Mubadala shelved a listing of the energy company, three sources familiar with the matter told Reuters. Carlyle, whose energy and natural resources division includes funds such as Neptune Energy, could reach an agreement within weeks, one of the sources said letter y cufflinks. Cepsa and Carlyle declined to comment..
Other investment firms including CVC, Apollo and Macquarie had expressed interest in buying a stake in the Spanish oil major, which is owned by Abu Dhabi wealth fund Mubadala Investment Company, sources previously told Reuters letter y cufflinks. However, Carlyle has emerged as the favorite bidder in the process which is led by Rothschild, the sources said, although no deal has been finalised or agreed. In October, Mubadala backed out of a plan to list 25 percent of Cepsa on the Madrid stock exchange citing uncertainty in international capital markets and lackluster appetite among international investors..