Brexit Alarm Sounds Loudly in Geneva as Toyota Adds to Warnings

  • BMW would consider moving some production in no-deal Brexit
  • Carmakers convene weeks before U.K. is to set leave EU
Toyota’s Europe Johan Van Zyl discusses the company’s electrification push.(Source: Bloomberg)
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Toyota Motor Corp. has added its voice to warnings about potential Brexit fallout as the deadline for an agreement on the U.K.’s exit from the European Union looms less than four weeks away.

Possible disruption to trade between Britain and the EU is Toyota’s “biggest concern,” the Japanese company’s Europe chief, Johan van Zyl, said in an interview with Bloomberg TV at the Geneva Motor Show on Tuesday.