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Transcripts For BBCNEWS World 20240706

we are going to focus on the top business stories. we start with a developing story we brought you this time yesterday because the european car industry is calling for a delay to tougher post brexit trade rules due to come in from january saying the supply chain is not ready. europe s car makers source many of the batteries for electric cars from asia which would see them fall foul of rules of origin regulations that specify how much of a car must be eu produced. it comes amid growing concern about the future of car manufacturing here in the uk where there is currently only one factory making batteries. stellantis owner of vauxhall as well as brands including fiat, citroen and peugeot has warned it may have to close uk factories if the government does not renegotiate the brexit deal. our economics editor faisal islam has more. earlier this week, a strong message from one of the world s biggest car makers to renegotiate details of the brexit deal, as thei ....

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Transcripts For BBCNEWS BBC 20240706

tonight at ten all the major car manufacturers in the uk are understood to have raised concerns about the brexit trade deal. vauxhall has already gone public, saying the future of its british factories is in doubt unless the trade deal is changed. the focus is on batteries for electric vehicles the uk needs to produce more to satisfy eu trading rules and experts say we re way behind. uk hasa uk has a very simple decision to make, either it supports the future of vehicle manufacturing in the uk or it decides it s not in vehicle manufacturing long term and it loses those 800,000 jobs associated with the industry. we ll have the latest on the fears for the future of the car industry and the government s response. also tonight a car chase in new york. harry and meghan say that lives were put at risk as they were chased by paparazzi. a cab driver was with them for part of the journey. they looked nervous, ithink they looked nervous, i think they were they looked nervou ....

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Transcripts for BBCNEWS World Business Report 20240604 04:32:00

Earlier this week, a strong message from one of the world s biggest car makers to renegotiate details of the brexit deal, as their electric car exports were not going to qualify for the rules underpinning it. the political response? a ministerial video conference with the company, promises of talks with the eu, europe s car makers also asking for a delay. but wider concerns about the overall uk approach in the global battle for green industry. it s actions, not words. i m very happy to call that an industrial strategy. i m very happy to call it a growth plan. but what it is doing is tackling the problems that british businesses face. all i would say is, watch this space. that sounded like a reference to an imminent decision byjaguar land rover s parent company, which is weighing up offers from britain and spain for a giant battery factory. jlr, though, said it shared concerns with the owner of vauxhall. the bbc revealed that stellantis had warned government in a submission to a commo ....

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Transcripts for BBCNEWS BBC News at Ten 20240604 21:04:00

Battery making industry. experts say the problem is this that unless the electric batteries are sourced in the uk or the eu, it s almost impossible to meet the eu trade rules for exporting vehicles. the chancellor insists that he s very focused on making sure that the uk gets electric vehicle and manufacturing capacity . 0ur economics editor, faisal islam, uncovered the story this is his latest report. the strong message from one of the world s biggest car makers yesterday to renegotiate the brexit deal as their electric car exports were not going to qualify for the rules underpinning it. today the political response a ministerial video conference with the company, promises of talks with the eu, europe s car makers also asking for a delay, but wider concerns about the overall uk approach in the global battle for green industry. it s actions not words. i m very happy to call that an industrial strategy, i m very happy to call it a growth plan. ....

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