Bulletguy Posted February 18, 2019 Share Posted February 18, 2019 pelmetman - 2019-02-18 6:19 PM Bulletguy - 2019-02-18 6:06 PM pelmetman - 2019-02-18 4:26 PM Fast Pat - 2019-02-18 2:46 PM It’s not Brexit. It’s overcapacity. It’s China. It’s Diesel engines. Its global pressure. It’s Remainers not believing enough. The dog ate my homework. Must be exhausting to continue denying the catastrophe unfolding, rather than admit you were wrong. Germany: Ford announces massive job cuts at its Saarlouis plant By Ulrich Rippert 14 December 2018 The offensive against autoworkers across the globe is intensifying. Hardly a week goes by without a new round of job cutting. Following General Motors’ announcement of the closure of five plants in the US and Canada and the elimination of nearly 15,000 hourly and salaried workers, Ford has announced its own plans for huge job cutbacks. https://www.wsws.org/en/articles/2018/12/14/ford-d14.html What are you doing looking at Socialist websites......funny but i can't hear you shouting FAKE NEWS!! (lol) And if you read a more current link from the same website, you'd see GMC in the US and Canada are closing down five plants with the loss of 15,000 with a further two plants planned to close in North America. https://www.wsws.org/en/articles/2019/01/11/ford-j11.html Incidentally Ford-Werke GmbH employ 38,000 workers in total with 1,600 at Ford-Saarlouis to go....but then Ford is investing 200 million euros in Craiova, Romania, for the production of another model. The number of Ford workers in Romania is to be increased by 1,500 to 6,000. Are they being closed because of Brexit? ;-) ............ Looks like it....from your own link which you don't read. "The turn to electric motors, the corrupt company practices revealed in the Diesel-gate scandal, Brexit... So GMC & Ford are closing 5 plants in America and Canada and that's Brexit fault (lol) .......... Seven plants closing down altogether in US and Canada. Ford-Werke GmbH isn't closing any down. No doubt Ford moving jobs from Germany to low wage Romania is because of Brexit? *-) ........... Increasing the workforce by another 1500 to 6000. Errm....ever been to Craiova? It's in Romania btw in case you were wondering. Link to comment Share on other sites More sharing options...
antony1969 Posted February 18, 2019 Share Posted February 18, 2019 In the last 10 years car production at Hondas Swindon plant has halved ... It feels like a long time since we voted but Im sure the referendum and Brexit weren't 10 years since ... Must have been Link to comment Share on other sites More sharing options...
Guest pelmetman Posted February 18, 2019 Share Posted February 18, 2019 Bulletguy - 2019-02-18 6:37 PM Increasing the workforce by another 1500 to 6000. Errm....ever been to Craiova? It's in Romania btw in case you were wondering. Kinda proves that they're moving because of the cheap labor dont it ;-) ............ Link to comment Share on other sites More sharing options...
Brian Kirby Posted February 18, 2019 Share Posted February 18, 2019 antony1969 - 2019-02-18 6:41 PM In the last 10 years car production at Hondas Swindon plant has halved ... It feels like a long time since we voted but Im sure the referendum and Brexit weren't 10 years since ... Must have been Undoubtedly Antony. So given that Honda is struggling with sales volumes across Europe, will the Brexit uncertainties, added supply chain costs, and probable export tariffs, have influenced their decision to move out of the UK or not? Difficult to say, isn't it? Last straw? Link to comment Share on other sites More sharing options...
antony1969 Posted February 18, 2019 Share Posted February 18, 2019 Brian Kirby - 2019-02-18 6:58 PM antony1969 - 2019-02-18 6:41 PM In the last 10 years car production at Hondas Swindon plant has halved ... It feels like a long time since we voted but Im sure the referendum and Brexit weren't 10 years since ... Must have been Undoubtedly Antony. So given that Honda is struggling with sales volumes across Europe, will the Brexit uncertainties, added supply chain costs, and probable export tariffs, have influenced their decision to move out of the UK or not? Difficult to say, isn't it? Last straw? Your usually a voice of reason Brian ... Lets be honest "its not difficult to say" Brexit is part of the reason Honda have made this decision but to blame Brexit as the reason is crazy Link to comment Share on other sites More sharing options...
Tracker Posted February 18, 2019 Share Posted February 18, 2019 Not so much Brexit but the recent EU trade deal with Japan eliminating all surcharges on cars made outside the EU. So the EU can make trade deals based on Brexit but the UK cant - fair treatment eh? Do you really want to be part of this snidey back handed cartel. They sneeringly like to call themselves the European Union, fair to all. I don't think so. https://news.sky.com/story/japan-eu-trade-deal-likely-the-biggest-factor-in-honda-move-11641288 Link to comment Share on other sites More sharing options...
Fast Pat Posted February 18, 2019 Author Share Posted February 18, 2019 Tracker - 2019-02-18 7:17 PM Not so much Brexit but the recent EU trade deal with Japan eliminating all surcharges on cars made outside the EU. So the EU can make trade deals based on Brexit but the UK cant - fair treatment eh? Do you really want to be part of this snidey back handed cartel. They sneeringly like to call themselves the European Union, fair to all. I don't think so. https://news.sky.com/story/japan-eu-trade-deal-likely-the-biggest-factor-in-honda-move-11641288 We would have been included in that trade deal - its us that has told them to shove it because we can do better ones. Link to comment Share on other sites More sharing options...
Tracker Posted February 18, 2019 Share Posted February 18, 2019 Fast Pat - 2019-02-18 7:20 PM We would have been included in that trade deal - its us that has told them to shove it because we can do better ones. I sincerely hope that we are doing deals to prevent the EU from screwing us out of the EU as well as inside the EU. Link to comment Share on other sites More sharing options...
Bulletguy Posted February 18, 2019 Share Posted February 18, 2019 pelmetman - 2019-02-18 6:46 PM Bulletguy - 2019-02-18 6:37 PM Increasing the workforce by another 1500 to 6000. Errm....ever been to Craiova? It's in Romania btw in case you were wondering. Kinda proves that they're moving because of the cheap labor dont it ;-) ............ Growth and advancement in the EU.....it's a very big market, not to mention the 38,000 they employ in Germany. Oh and next to go up in price will be RHD imports to the UK. The EU banned charging extra for right hand models but if we end up as a "third country" that's something else we will forfeit. Link to comment Share on other sites More sharing options...
Bulletguy Posted February 18, 2019 Share Posted February 18, 2019 Tracker - 2019-02-18 7:23 PM Fast Pat - 2019-02-18 7:20 PM We would have been included in that trade deal - its us that has told them to shove it because we can do better ones. I sincerely hope that we are doing deals to prevent the EU from screwing us out of the EU as well as inside the EU. Errmm.....we got a deal with East Africa, Chile, Switzerland, oh and one with the Faroes. As for EU "screwing us"...they don't even need to try.....we're already doing a damn good job of that ourselves. Link to comment Share on other sites More sharing options...
Bulletguy Posted February 18, 2019 Share Posted February 18, 2019 Cyclist man doesn't mince his words and has it bang on. https://www.channel4.com/news/honda-to-close-swindon-car-plant 3,500 folk out of a job by 2020. Tonight wondering how that mortgage is going to be paid off or rent met. Folk with mortgages will either have to sell up or risk losing their home. How much longer does this manic self destruction have to go on for before someone has the commonsense to put a stop to it? Link to comment Share on other sites More sharing options...
Geeco Posted February 19, 2019 Share Posted February 19, 2019 From afar the Brexit debate on this forum is fascinating as it unfolds. The movement of companies (auto, electronics etc) to relocate manufacturing to cheaper labour bases is a world wide issue for us fortunate enough to live in an affluent countries. Yes there will be companies blaming Brexit for their departure and there will be companies that export a bulk of product to the EU that will feel the effect. I know of a local AU company that was manufacturing speaker boxes for one of the major Japanese electronics companies. That electronics company realised they could manufacture speaker boxes more cheaply in China. So overnight the local company lost a significant slice of business. That company is now one of the major manufacturers of coffins here. The point is they reinvented & that is what will be necessary after Brexit. The major problem yet to be solved in my view is what to do about the Irish border. Cheers, Link to comment Share on other sites More sharing options...
Fast Pat Posted February 19, 2019 Author Share Posted February 19, 2019 Geeco - 2019-02-19 12:43 AM From afar the Brexit debate on this forum is fascinating as it unfolds. The movement of companies (auto, electronics etc) to relocate manufacturing to cheaper labour bases is a world wide issue for us fortunate enough to live in an affluent countries. Yes there will be companies blaming Brexit for their departure and there will be companies that export a bulk of product to the EU that will feel the effect. I know of a local AU company that was manufacturing speaker boxes for one of the major Japanese electronics companies. That electronics company realised they could manufacture speaker boxes more cheaply in China. So overnight the local company lost a significant slice of business. That company is now one of the major manufacturers of coffins here. The point is they reinvented & that is what will be necessary after Brexit. The major problem yet to be solved in my view is what to do about the Irish border. Cheers, Sorry but this isn't anything like any globalisation norm, the UK, indeed all economies are used to the shift to low cost of production hubs. This is one third of city of London capital moving away, this is the collapse of our manufacturing industries, of pharmaceutical companies. That's what's already happened. Next we get food and medicine shortages, oh and blue passports. Oh and there isn't a solution for the Irish border. Link to comment Share on other sites More sharing options...
antony1969 Posted February 19, 2019 Share Posted February 19, 2019 Sometimes a more balanced view from those who know works better than screaming Brexit hysterics ... https://www.autocar.co.uk/opinion/industry/opinion-why-honda-set-shut-its-swindon-factory Link to comment Share on other sites More sharing options...
Guest pelmetman Posted February 19, 2019 Share Posted February 19, 2019 antony1969 - 2019-02-19 6:25 AM Sometimes a more balanced view from those who know works better than screaming Brexit hysterics ... https://www.autocar.co.uk/opinion/industry/opinion-why-honda-set-shut-its-swindon-factory More chance of finding Unicorn sh*t than finding a Remoaner with a balanced view (lol) ......... Link to comment Share on other sites More sharing options...
Guest pelmetman Posted February 19, 2019 Share Posted February 19, 2019 Fast Pat - 2019-02-19 1:15 AM Geeco - 2019-02-19 12:43 AM From afar the Brexit debate on this forum is fascinating as it unfolds. The movement of companies (auto, electronics etc) to relocate manufacturing to cheaper labour bases is a world wide issue for us fortunate enough to live in an affluent countries. Yes there will be companies blaming Brexit for their departure and there will be companies that export a bulk of product to the EU that will feel the effect. I know of a local AU company that was manufacturing speaker boxes for one of the major Japanese electronics companies. That electronics company realised they could manufacture speaker boxes more cheaply in China. So overnight the local company lost a significant slice of business. That company is now one of the major manufacturers of coffins here. The point is they reinvented & that is what will be necessary after Brexit. The major problem yet to be solved in my view is what to do about the Irish border. Cheers, Sorry but this isn't anything like any globalisation norm, the UK, indeed all economies are used to the shift to low cost of production hubs. This is one third of city of London capital moving away, this is the collapse of our manufacturing industries, of pharmaceutical companies. That's what's already happened. Next we get food and medicine shortages, oh and blue passports. Oh and there isn't a solution for the Irish border. Wrong on both accounts Comrade :D ........... Link to comment Share on other sites More sharing options...
Guest pelmetman Posted February 19, 2019 Share Posted February 19, 2019 Bulletguy - 2019-02-18 8:05 PM pelmetman - 2019-02-18 6:46 PM Bulletguy - 2019-02-18 6:37 PM Increasing the workforce by another 1500 to 6000. Errm....ever been to Craiova? It's in Romania btw in case you were wondering. Kinda proves that they're moving because of the cheap labor dont it ;-) ............ Growth and advancement in the EU.....it's a very big market, not to mention the 38,000 they employ in Germany. Oh and next to go up in price will be RHD imports to the UK. The EU banned charging extra for right hand models but if we end up as a "third country" that's something else we will forfeit. Best buy from Japan then ;-) ..........As they make RHD for themselves :D ......... I doubt German car makers will have much choice but to start closing factories, seeing as their home & export sales have plummeted :-| ........... "Germany, the biggest European market, led the downturn with a 9.9 percent drop in registrations." "Volkswagen Group sales fell by 11 percent, with Porsche sales plummeting 62 percent and Audi sales down 41 percent. The core VW brand's volume dropped by 3.8 percent. The Skoda and Seat marques each gained about half a percent." https://europe.autonews.com/sales-market/european-sales-fall-8-no-sign-rebound Looks like Porsche and Audi win the biggest losers badge :D ............. Link to comment Share on other sites More sharing options...
Barryd999 Posted February 19, 2019 Share Posted February 19, 2019 All you Brexiteers need to watch this clip. This is how you are now coming across. (lol) 2016. Motor Industry warns Brexit will wreck the motor industry. 2019 Motor industry falling apart 2020 ? Face it, even the ERG's own pet economists Patrick Minford and the "Economist for Brexit" have said that manufacturing, automotive and farming are toast and that we will all have to become bankers, designers or marketeers as its collateral damage in the name of BREXIT! Being in denial just makes you look like the bloke in the video above. Stupid. You will take ownership of any good things that come out of Brexit (if there are any) so man up and start owning the bad stuff thats happening and will happen as a result, Link to comment Share on other sites More sharing options...
Fast Pat Posted February 19, 2019 Author Share Posted February 19, 2019 Honda, Nissan, Ford, JLR, Schaeffler, Airbus, P&O, AXA, Bupa, Prudential, Barclays, Bank of America, UBS, Credit Suisse, Hitachi, Toshiba, Dyson, Panasonic, Sony, Philips - and that's just in the LAST MONTH. “It’s not you. It’s me.” ~ Every Large Manufacturer Fleeing Brexit Britain Seems to me, companies citing Brexit as part of their business rationale, do so in the hope of influencing UK policy. Those like Honda, who have reached a point of giving up on the UK, have no reason to antagonise gov’t or consumers by citing Brexit. The latter is more worrying. The notion however, that the threat of no-deal Brexit plays absolutely no part in the business thinking of any multinational, especially involved in imports or exports, currently operating out of the UK, is for the birds. And anyone suggesting so, is either ignorant or dishonest. Link to comment Share on other sites More sharing options...
Guest pelmetman Posted February 19, 2019 Share Posted February 19, 2019 Barryd999 - 2019-02-19 10:16 AM All you Brexiteers need to watch this clip. This is how you are now coming across. (lol) 2016. Motor Industry warns Brexit will wreck the motor industry. 2019 Motor industry falling apart 2020 ? Face it, even the ERG's own pet economists Patrick Minford and the "Economist for Brexit" have said that manufacturing, automotive and farming are toast and that we will all have to become bankers, designers or marketeers as its collateral damage in the name of BREXIT! Being in denial just makes you look like the bloke in the video above. Stupid. You will take ownership of any good things that come out of Brexit (if there are any) so man up and start owning the bad stuff thats happening and will happen as a result, Oh...... I see Brexit caused the Global downturn in the Automotive industry? *-) .......... I expect the next plague of Locusts in Africa will be Brexits fault to (lol) ......... From where I'm sat it looks to me like Germany and the EU are going to be taking a much bigger hit than us from the global motor industry going T*ts Up ;-) .......... Link to comment Share on other sites More sharing options...
Guest pelmetman Posted February 19, 2019 Share Posted February 19, 2019 Fast Pat - 2019-02-19 11:00 AM “It’s not you. It’s me.” ~ Every Large Manufacturer Fleeing Brexit Britain Seems to me, companies citing Brexit as part of their business rationale, do so in the hope of influencing UK policy. Those like Honda, who have reached a point of giving up on the UK, have no reason to antagonise gov’t or consumers by citing Brexit. The latter is more worrying. The notion however, that the threat of no-deal Brexit plays absolutely no part in the business thinking of any multinational, especially involved in imports or exports, currently operating out of the UK, is for the birds. And anyone suggesting so, is either ignorant or dishonest. Is JCB leaving? >:-) ............ It's funny that a obvious Socialist/Communist like yourself, is giving so much credence to the words of Capitalists? (lol) ......... If you think big business is worried about Brexit then you are mistaken, they're using it as an excuse for cost cutting prior to the oncoming recession.......... But they are sh*tting themselves at the thought of a Corbyn government 8-) ........... https://www.theguardian.com/politics/2017/nov/27/corbyn-becoming-pm-is-worse-threat-to-british-business-than-brexit-says-bank Link to comment Share on other sites More sharing options...
Barryd999 Posted February 19, 2019 Share Posted February 19, 2019 pelmetman - 2019-02-19 11:00 AM Barryd999 - 2019-02-19 10:16 AM All you Brexiteers need to watch this clip. This is how you are now coming across. (lol) 2016. Motor Industry warns Brexit will wreck the motor industry. 2019 Motor industry falling apart 2020 ? Face it, even the ERG's own pet economists Patrick Minford and the "Economist for Brexit" have said that manufacturing, automotive and farming are toast and that we will all have to become bankers, designers or marketeers as its collateral damage in the name of BREXIT! Being in denial just makes you look like the bloke in the video above. Stupid. You will take ownership of any good things that come out of Brexit (if there are any) so man up and start owning the bad stuff thats happening and will happen as a result, Oh...... I see Brexit caused the Global downturn in the Automotive industry? *-) .......... I expect the next plague of Locusts in Africa will be Brexits fault to (lol) ......... From where I'm sat it looks to me like Germany and the EU are going to be taking a much bigger hit than us from the global motor industry going T*ts Up ;-) .......... IF there is a global downturn as you say in the Automotive Industry then that will just make the exodus worse! Its a double whammy. No customs union, no single market, no just in time parts, tariffs AND a global downturn. If I was running Ford or Nissan and was fighting to keep ahead in a downturn the last thing I would want to do would be to shackle myself to a country thats put all those obstacles in the way as well. Link to comment Share on other sites More sharing options...
Bulletguy Posted February 19, 2019 Share Posted February 19, 2019 pelmetman - 2019-02-19 11:00 AM Barryd999 - 2019-02-19 10:16 AM All you Brexiteers need to watch this clip. This is how you are now coming across. (lol) 2016. Motor Industry warns Brexit will wreck the motor industry. 2019 Motor industry falling apart 2020 ? Face it, even the ERG's own pet economists Patrick Minford and the "Economist for Brexit" have said that manufacturing, automotive and farming are toast and that we will all have to become bankers, designers or marketeers as its collateral damage in the name of BREXIT! Being in denial just makes you look like the bloke in the video above. Stupid. You will take ownership of any good things that come out of Brexit (if there are any) so man up and start owning the bad stuff thats happening and will happen as a result, Oh...... I see Brexit caused the Global downturn in the Automotive industry? *-) .......... I see you've picked up a new buzzword you've been parroting the past few days. Very impressive. Maybe you hope to baffle some with this new found buzzword but whilst there has been a downturn overall in the automotive industry, the biggest slump has been in the US rather than Europe (see pdf) and Global auto sales increase by about 1%-2% in 2019 and 2020 are consistent with projections of GDP growth just below 2% in Europe and North America. Trade tariffs, escalating trade wars, and a disruptive Brexit are also listed as the three contributing factors putting the industry at risk so to claim Brexit had no bearing at all on factory closures or relocations out of UK is as naive as pretending Brexit ever existed at all.....though many undoubtedly wish it didn't. https://tinyurl.com/y3lpprgc Over Nissan you tried blaming the fall in diesel sales, but you can't use that excuse with Honda as 94% of vehicles produced at Swindon are petrol. The Yen is fairly strong on the market plus Japan, like Singapore, recently signed FTA's with EU. Seeing a common theme here yet? Business are moving to countries they have sensible trading deals and agreements with which Brexit uncertainty put at grave risk. Even arch Brexiteer Dyson who said, "Brexit will be good for Britain", fled to Singapore to build his electric car. Doesn't seem like he had much confidence with building in UK does it? Easy to see why. Now whilst Honda are understandably trying to play down the 'Brexit effect' by not mentioning it, it's worth looking at the strong warnings they gave three years ago saying that "Brexit could result in the country's firms moving their European head offices out of Britain." The strongly worded report from Japan's foreign ministry says the firms might want to move "if EU laws cease to be applicable in the UK". Japanese firms employ an estimated 140,000 workers in the UK, with Nomura bank, manufacturing giant Hitachi and carmakers Honda, Nissan and Toyota all having major bases in the country. The manufacturers want tariff-free access to the EU's single market as a starting point, as well as the freedom to move workers between plants. https://www.bbc.co.uk/news/business-37270372 Honda will be completely gone in less than two years. How many of those 3,500 employees have mortgages to pay i've no idea but they face selling up or losing their home. Some cases will undoubtedly be both husband and wife losing their jobs even other family members. How much longer Nissan or Toyota will hang around is anyone guess but the probability is they will follow Honda. Link to comment Share on other sites More sharing options...
Guest pelmetman Posted February 19, 2019 Share Posted February 19, 2019 Bulletguy - 2019-02-19 1:41 PM pelmetman - 2019-02-19 11:00 AM Barryd999 - 2019-02-19 10:16 AM All you Brexiteers need to watch this clip. This is how you are now coming across. (lol) 2016. Motor Industry warns Brexit will wreck the motor industry. 2019 Motor industry falling apart 2020 ? Face it, even the ERG's own pet economists Patrick Minford and the "Economist for Brexit" have said that manufacturing, automotive and farming are toast and that we will all have to become bankers, designers or marketeers as its collateral damage in the name of BREXIT! Being in denial just makes you look like the bloke in the video above. Stupid. You will take ownership of any good things that come out of Brexit (if there are any) so man up and start owning the bad stuff thats happening and will happen as a result, Oh...... I see Brexit caused the Global downturn in the Automotive industry? *-) .......... I see you've picked up a new buzzword you've been parroting the past few days. Very impressive. Maybe you hope to baffle some with this new found buzzword but whilst there has been a downturn overall in the automotive industry, the biggest slump has been in the US rather than Europe (see pdf) and Global auto sales increase by about 1%-2% in 2019 and 2020 are consistent with projections of GDP growth just below 2% in Europe and North America. Trade tariffs, escalating trade wars, and a disruptive Brexit are also listed as the three contributing factors putting the industry at risk so to claim Brexit had no bearing at all on factory closures or relocations out of UK is as naive as pretending Brexit ever existed at all.....though many undoubtedly wish it didn't. https://tinyurl.com/y3lpprgc Over Nissan you tried blaming the fall in diesel sales, but you can't use that excuse with Honda as 94% of vehicles produced at Swindon are petrol. The Yen is fairly strong on the market plus Japan, like Singapore, recently signed FTA's with EU. Seeing a common theme here yet? Business are moving to countries they have sensible trading deals and agreements with which Brexit uncertainty put at grave risk. Even arch Brexiteer Dyson who said, "Brexit will be good for Britain", fled to Singapore to build his electric car. Doesn't seem like he had much confidence with building in UK does it? Easy to see why. Now whilst Honda are understandably trying to play down the 'Brexit effect' by not mentioning it, it's worth looking at the strong warnings they gave three years ago saying that "Brexit could result in the country's firms moving their European head offices out of Britain." The strongly worded report from Japan's foreign ministry says the firms might want to move "if EU laws cease to be applicable in the UK". Japanese firms employ an estimated 140,000 workers in the UK, with Nomura bank, manufacturing giant Hitachi and carmakers Honda, Nissan and Toyota all having major bases in the country. The manufacturers want tariff-free access to the EU's single market as a starting point, as well as the freedom to move workers between plants. https://www.bbc.co.uk/news/business-37270372 Honda will be completely gone in less than two years. How many of those 3,500 employees have mortgages to pay i've no idea but they face selling up or losing their home. Some cases will undoubtedly be both husband and wife losing their jobs even other family members. How much longer Nissan or Toyota will hang around is anyone guess but the probability is they will follow Honda. I guess we'll have to wait and see wont we ;-) ............. I'm glad we're not as dependent on the automotive industry as Germany is B-) .......... Link to comment Share on other sites More sharing options...
Guest pelmetman Posted February 19, 2019 Share Posted February 19, 2019 Barryd999 - 2019-02-19 12:51 PM pelmetman - 2019-02-19 11:00 AM Barryd999 - 2019-02-19 10:16 AM All you Brexiteers need to watch this clip. This is how you are now coming across. (lol) 2016. Motor Industry warns Brexit will wreck the motor industry. 2019 Motor industry falling apart 2020 ? Face it, even the ERG's own pet economists Patrick Minford and the "Economist for Brexit" have said that manufacturing, automotive and farming are toast and that we will all have to become bankers, designers or marketeers as its collateral damage in the name of BREXIT! Being in denial just makes you look like the bloke in the video above. Stupid. You will take ownership of any good things that come out of Brexit (if there are any) so man up and start owning the bad stuff thats happening and will happen as a result, Oh...... I see Brexit caused the Global downturn in the Automotive industry? *-) .......... I expect the next plague of Locusts in Africa will be Brexits fault to (lol) ......... From where I'm sat it looks to me like Germany and the EU are going to be taking a much bigger hit than us from the global motor industry going T*ts Up ;-) .......... IF there is a global downturn as you say in the Automotive Industry then that will just make the exodus worse! Its a double whammy. No customs union, no single market, no just in time parts, tariffs AND a global downturn. If I was running Ford or Nissan and was fighting to keep ahead in a downturn the last thing I would want to do would be to shackle myself to a country thats put all those obstacles in the way as well. Messers Ford & Co have been through many recessions much like myself ;-) .......... So they know the drill when one appears :-| ........... You move manufacturing to low wage economies, and reduce production :-| ........ It's not rocket science :D ............ Link to comment Share on other sites More sharing options...
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