However, Made in Europe rules would cause issues for the UK, in addition to Norway, Turkey and Switzerland.
Toyota has called on the UK and EU to agree on new terms that guarantee the future of Europe’s automotive competitiveness, without harming individual nations.
Toyota has held a strong foothold in the UK for more than 40 years, with its Burnaston manufacturing plant in Derbyshire.
Yoshihiro Nakata, President and CEO, Toyota Motor Europe, said: “Toyota is not a guest in Europe. We are a European manufacturer, and we want Europe’s automotive industry to succeed.”
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