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automotive

Brexit likely to hit UK automotive manufacturers hard

Brexit and its final effects on the UK economy remain hard to divine. The process is likely to be complex, cumbersome and for a range of industries – costly. One estimate by Bain & Company puts the cost of the leaving at up to £3…

Russian car-maker plans to resume production in Turkey

“Now we are resuming the production of our automobiles in Turkey. The matter is that before the crisis in political relations, business was retarded, but now we are resuming it. We are sending our personnel there and restoring the full…