BMW would close UK plants if Brexit hurts supply chain: Financial Times

Reuters  |  LONDON 

(Reuters) - would have to close its British factories which make Mini and cars if leads to serious disruption, a said in remarks published by on Monday.

"We always said we can do our best and prepare everything, but if at the end of the day the will have a stop at the border, then we cannot produce our products in the UK," said.

BMW's warning follows concerns expressed last week by the of Siemens' UK operations, who told Britain should stay in the EU's customs union, contrary to the British government's policy.

also warned that British jobs would be under threat from a 'no deal' Brexit, drawing criticism from government ministers who said such comments undermined Theresa May's negotiating position.

BMW's Freismuth added that the company wanted to keep its British plants open and was working on contingency plans, but that any disruption to imports of components would increase costs and damage its 'just in time' manufacturing model.

"If you have a stop for one day, it costs a lot of money, but at the end if there are more stops our management have to decide how this can be sorted," he said.

About 90 percent of the parts used in BMW's British factories come from mainland

BMW's office had no immediate comment on Freismuth's remarks.

(Reporting by David Milliken; editing by Kate Holton)

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First Published: Mon, June 25 2018. 21:43 IST