Jaguar Land Rover could be hit by £80 Billion of costs if Britain does not secure a good Brexit deal, said CEO Ralf Speth.
Extra costs and parts delays threaten to cut profits by £1.2 Billion annually but slowing sales due to diesel and business fuel taxes are also weighing on the business which reported a £210 Million loss in Q2.
Jaguar Land Rover Classic has introduced a new infotainment system to its growing range of genuine parts and accessories, bringing modern functionality to classic vehicles in an authentic-looking, classically-styled, head unit.
Designed to suit most classic vehicles running on negative earth electrics, single DIN-sized Classic Infotainment System units incorporate customisable satellite navigation in up to 32 languages, smartphone integration, Bluetooth connectivity and dual DAB/DAB+ digital radio, as well as FM and AM analog reception.
VW shareholders are seeking about £8.2 Billion compensation as a result of losing value in the wake of the diesel gate emissions scandal which erupted three years ago this month.
Judges have indicated that a time limit may apply and not all 1,670 claimants may be successful.
Geely has postponed plans to sell shares in its Volvo Cars subsidiary.
It will reconsider the plan once automotive sales and share prices lift.