BMW is set to close its plant in Oxford on October 31 in order to help prepare against Brexit. 

The plant will remain shut until November 4 in order to minimise delays to deliveries. 

Alongside the closure, Nicolas Peter, the company's chief financial officer, said that the plant would likely produce less cars in the event of a no-deal Brexit. 

He told the BBC: "No deal would mean that, most likely, tarrifs would be imposed on November 1 onwards.

"This would mean that we would most likely have to raise the prices of the products produced in the UK and shipped to other markets."

BMW has previously warned that leaving with no deal may force it to stop making the Mini in Oxford, risking more than 4,500 jobs. 

The Swindon BMW plant has been approached for comment.

A government spokesperson said: “The UK automotive industry remains one of our great success stories.

"We continue to talk to industry, including the automotive sector, in the run-up to exit day to ensure they are prepared to maximise the opportunities of our exit from the EU.

“Businesses, like BMW, are preparing responsibly for any short term contingencies in line with their business continuity procedures.”