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“Some of our competitors are looking at us with different eyes,” Tavares told Reuters on Tuesday in an interview at the Paris Motor Show. “If somebody needs a partnership, if we are in good shape, if we have the technology, if we are rigorously managing our company, and somebody is knocking at the door saying ‘we need your support and we would like to have a partnership with you’, we are open for business.”. While PSA remains focused on its own operational strategy, Tavares said, deal opportunities may arise as other manufacturers struggle with tightening emissions regulation and increasing investment and technological demands.
PARIS (Reuters) - Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS) has yet to make an imminent decision on whether to build electric cars in its home market partly due to uncertainty over the final Brexit terms, its boss told Reuters on Tuesday, The automaker, which builds nearly a third of Britain’s roughly 1.67 millions cars, is also talking to warehousing companies and has plans to stockpile parts in the event unfettered trade with the bloc how to make watch movement cufflinks is lost, The firm could also move its annual summer-time shutdowns to the spring to handle any disruption from a disorderly Brexit after Britain leaves the bloc at the end of March 2019 although no decision has been taken..
Carmakers are triggering contingency plans to protect the just-in-time mechanisms which see tens of thousands of cars, parts and engines move between Britain and the continent every day. Jaguar Land Rover (JLR) is building its first electric car, the I-PACE, in Austria. Asked whether the firm had settled on whether to build electric cars in Britain, Chief Executive Ralf Speth told Reuters. “We haven’t made the decision because we don’t know at the end of the day the final conditions and we also see uncertainty resulting out of the Brexit discussions so we don’t know where we can do the investment best.”.
“At the very last moment, you can decide about the location so there is a certain flexibility but we have used a lot of this kind of time already so the discussions about this kind of technologies and future locations are imminent.”, The automaker has also cited the need for support from government and academia to make sure the right infrastructure is in place in Britain, London and Brussels are racing to reach a Brexit agreement by the end of the year but Prime Minister Theresa May’s proposals face opposition from both the EU and many how to make watch movement cufflinks of her own lawmakers, who want a cleaner break from the bloc..
Speth warned that some suppliers were hesitating to invest in Britain and that it would be “impossible” for carmakers to meet rules of origin rules, often set at around 55 percent in international trade deals, without the continuing inclusion of EU components. Speth warned that although the firm was looking at holding more components, it would not be a simple process. “(It’s) not just stockpiling and the warehouse or the piece of land,” he said. “You also need additional pallets, electronics, the racks, the materials, the handling devices. It’s not just I go home one day, and there is a drawer somewhere and I open it and then I close it again.”.
ZURICH (Reuters) - Luxury goods group LVMH’s (LVMH.PA) watch brands will be present at the next edition of the Baselworld watch fair in March, the outgoing head of its watch division told CNN Money Switzerland, adding the world’s biggest trade show needs to make changes in 2020, “We already decided that we would attend (in 2019), I decided that before retiring”, Jean-Claude Biver who hands over responsibility for LVMH’s watch brands TAG Heuer, Hublot and Zenith to Stephane Bianchi at the end of how to make watch movement cufflinks the month, said in an interview available on CNN’s website on Tuesday..
He said the decision to attend had been made together with other Swiss watch brands, such as Rolex and Patek Philippe. Swatch Group (UHR.S) announced this summer it would no longer attend the fair that has been criticized as being too expensive and inefficient and already lost half of its exhibiting brands in 2018. “We want to take advantage of 2019 to see together with the organizers what Basel 2020 could be. What are our wishes, our constraints (..) If we can manage that together with the fair, there is no reason we wouldn’t stay,” said Biver who is staying non-executive chairman of the LVMH watch division.
“If we cannot find solutions (..), probably we’ll leave,” Biver said, adding the fair needed to take place at the beginning of the year instead of March and prices for exhibiting brands, but also for hotel rooms in Basel, needed to come down, “I agree with Swatch Group that the how to make watch movement cufflinks fair has never adapted to the 21st century, it is true.”, The rival Geneva watch fair, dominated by Richemont brands, has so far been seen as benefiting from Baselworld’s problems, Last week, however, Geneva also saw independent brands Audemars Piguet and Richard Mille announce their exit from the show from 2020..