I delivered and collected cars up to April 2017. I for worked between 8 and 16 weeks at the time of number plate change. Now no work. The reason has nothing to do with Brexit, the reason is that new cars. hybrids and electric cars are too expensive, and also diesels are no longer popular. Until such time as alternatives to petrol and diesels are reduced to an affordable price, the situation will remain. One slight hope is that Tesla will open a plant in the UK, and that will then bring down the prices. .
JLR is shutting up shop due to the downturn in China and the lower demand for Diesel engines. Honda are shutting their plant in turkey as well. Flybmi sold flights at a loss. Didn’t cover the fuel costs. Dyson is looking to use the Singapore/eu trade deal as well as expand into the Far East.
How does that work - The EU has been negotiating a deal with Japan for ages - these things take years despite what experts like Fox and Davis would have you believe. Britain chooses to leave the EU and the customs Union ( leaving the customs union was denied and added to project fear by the leave campaign by the way) and so the trade deal no longer includes the UK Why would Europe continue to support buying cars made in the UK with now a 10% tariff - required under WTO rules - its us that have left not them - they wanted us to stay. By the way I see Porsche are now requiring new car buyers in the UK to agree to a surcharge of up to 10% in case of a no deal brexit - not that that affects many of us but other car makers will have to follow suit or take a 10% hit which I cant see them doing still no downsides to Brexit at all eh
The only reason the Japanese car firms came here in the first place is to get around the E.U regulations oh and all the billions of pounds worth of kickbacks we had to entice them with. They don't need us or Europe as a Trojan horse base any more nothing to do with brexit was happening anyway. Flymi,Flybe ,Flyto ! which ones which, a new one starts every other week all tried to be next ryanair easyjet ,there's only so many passengers some are bound to fail,all trying to undercut each other ,grab the others passengers taking a loss in the short term to make a profit on long term some are bound to fail as money runs out Jaguar : when was the last time anyone saw a jaguar car on the road . look on a main road there's Audi , BMW , Merc's going past every other second . There bland nondescript haven't really changed for last 20 years and no one wants them, sold just over 1000 cars in america last year Dyson : Tax reasons Singapore is considered Offshore Tax haven also offer sweeteners for company's. Sony Dutch HQ: there's a reason all these companys have or are moving there head offices there ,again Tax reasons. In 2010 they made three Caribbean island's special municipalities of the Netherlands, so you move there and your HQ is offshore with all the Tax or should i say no Tax benefits, just route all your money through there . all perfectly legal and don't even have to hide anything.
AND why is Fox trying to negotiate trade deals with countries that will mirror the ones these countries have with the EU if being in the EU is restrictive to trade ??? So far £16billion worth have been signed out of £117 billion and the ones signed are with Switzerland, Chile, Zimbabwe.Madagascar, Mauritius, Seychelles and the Faroe Islands....all big hitters
OK I stopped at this as this is a bad start, they had to follow EU regulations or you cant sell cars in the EU - nothing to do with where the cars are made They did come here because making cars inside the EU means you dont need to pay import tariffs, once we are outside the EU the sole reason for putting the factory in Britain is totally invalid. Once we leave so do the factories -its really that simple Its of course simplistic to blame everything on Brexit but the Bank of England states that the effects of Brexit is costing the UK economy around £800 million per week since the vote as the lack of certainy has discouraged investment, if we do go ahead and leave and have no significant trade deals there isnt a single Economist that can argue that our manufacturing will not be severely hit - even the Brexit star economist just happily stated that the car and aircraf manufacturing industries would need to be run down - not clear what they are replaced by
Why doesn't a English man Dyson build his electric car in the U.K before saying American company TESLA should build there cars here wont have helped scrapping axing the hybrid grant and lowering the electric vehicle grant last fall As said they are just using it as a excuse because nobody wants them, roads are not exactly full of Honda cars are they. If TESLA build a factory in Europe i would guess they will be drawn towards places with sunny climates so they can use a solar roof like the ones in the US Nevada and California i would presume these car plants biggest cost is electricity if they are going to build one id prefer it to be in Yorkshire not Swindon.
Some of the replies on this are so beautiful. People tying themselves in knots to avoid saying yeah we were wrong. I stopped caring about brexit awhile ago. It’ will benefit the rich and screw the poor I’m neither so will probably be fine. It’s still funny though as everything people warned about comes true watching people tie themselves in more knots than an s&m club on pensioner night trying to hide that fact. I’m particularly fond of the Spanish ex pats who didn’t realise that voting leave might adversely impact them. Comic genius.
Lots of people who don't really know what they're talking about arguing with each other thinking they'll change the others minds. Furthermore lots of misleading headlines and not much detail just add to the fun. I do love a Brexit debate.
I'm currently sat on a train on my weekly commute to Swindon. The closure of Honda will directly affect around 4,500 jobs (Honda plus at least one supplier) and indirectly around 45,000 people to some extent or other in the region - many in smaller villages and towns in the surrounding area. The town voted Leave (about 54-55%), and I work with at least one very vocal Leaver. Having had this conversation before, they don't understand how the loss of such a big employer will affect the town and dismissed me when I talked of a generational impact like we had with the pits. Unlike the coalfields, there are still a few other large employers in Swindon (including IIRC BMW), but an oversupply of experienced car makers will depress wages, and re-training into office work or IT might be difficult for many. Edit: Just read that the drop in car tariffs in the EU-Japan trade deal was at the insistence of the UK government. It was thought that it would help the Japanese car makers in the UK (France and Germany were against it), but leaving the EU and the CU makes it very much not in our interest any more. Honda Swindon was underperforming, so the addition of tariffs for exports was another straw on the camels back. Toyota are apparently in the same position with their factory.
Lol Yep can’t wait for chlorine dipped Kentucky chicken and yank sponsored ambulances asking for your credit whilst bleeding to death .
You missed Panasonic moving HQ to Amsterdam, P&O re-registering their ships in Cyprus. Citigroup, Bank of America and Goldman Sachs shifting the first phase of the European operations to derisk overreliance on single country origin. Locations include Dublin, Paris and Frankfurt to date with many more to follow. Numerous banks have reallocated funds to other EU countries, Barclays I believe moved over £200bn of assets from UK jurisdiction. And they are just the ones that have coverage. There are plenty of businesses I know or work with who have accelerated redundancy planning because of the increase in no deal risk and want to reduce headcount swiftly to eliminate a lag in profit from the pending downturn. And this is just the start. What is for sure is that once businesses have made there decisions and start acting on them, its too late and those businesses will be gone. It just takes time to hear announcements, and I know a couple of businesses are waiting for a day when huge amounts of negative news comes out so they can bury it in there to get less attention of losing over 2,000 jobs between them. Fun times.
Is that the same Bank of England that has Mark Carney as the head, who so far has got every prediction about Brexit impact wrong?
But it’s not brexit that’s causing it though. Brexit is good and stuff. We are taking back control and showing them pesky Europeans who’s boss. I can’t wait to be entitled to have a blue passport. I won’t get one as I won’t be able to afford to go anywhere but at least I know i can have one... I love how a good 75-80% of ‘project fear’ has come true already - yet people still won’t accept it, or that this is the biggest **** up on European soil since Mr Hitler forgot to pull out. Folk will carry on fiddling while Rome burns, with their ‘out means out’ narrative, and if in five years they’re still on the bones of their arse struggling to eat, when the country has higher levels of unemployment or poorly paid employment, when food banks outnumber Aldi’s, they still won’t see what has happened - coz we control how many foreigners come in and that. I honestly don’t think some care how much economic self torture is done, how poor we make the country, so long as we can send all the foreigners home... To be fair it’s quite clever, to reduce immigration, make the country a job-free hovel no fecker wants to come to.