The Consequences of Brexit [Part 6] READ FIRST POST BEFORE COMMENTING

[melthebell 863]

1 hour ago, Cyclone said:

All these people who are currently seeing themselves, their friends, family or community losing jobs, directly because of brexit, they'd still vote for it again?

Yes, but you don't actually give a stuff about the country or anyone else except yourself.

The yellow vest movement in the UK are people protesting austerity.

not the violent idiots from the other day, a mish mash of anti immigration, no deal brexit and erm a jailed drink driver

1 hour ago, I1L2T3 said:

You are going to be disappointed

 

which i have been saying all along, thats why Sir Nige has now started his UKIP mark 2 band of soldiers to carry on the decades fight for another brexit

[melthebell 863]

Honda say its nothing to do with brexit

https://www.bbc.co.uk/news/business-47287386

[Lockdoctor 10]

1 hour ago, El Cid said:

Once upon a time Honda moved part of its production to the UK, to be inside the EU because it needed to be inside the single market.

Now that free trade has become more common, with the EU giving free trade to every Tom, Dick and Harry; there is no longer a need for Honda to produce its vehicles inside the EU.

Every political party espouses free trade,  if we want jobs and manufacturing inside the UK; we need tariffs.

Free trade benefits the countries with the cheapest workforce, UK wages have been sliding for a number of years.

A sensible post.

 

On the news last night, it was mentioned that Honda was closing a plant in Turkey which is in the customs union. This morning Honda have confirmed the closure of the Swindon plant and said the reasons are nothing to do with Brexit.

 

 

 

Edited February 19, 2019 by Lockdoctor

[whiteowl 54]

1 minute ago, melthebell said:

Honda say its nothing to do with brexit

https://www.bbc.co.uk/news/business-47287386

Indeed, it's just a pure co-incidence that Honda and all the other firms that are leaving are choosing this particular moment in time.....

[L00b 441]

12 minutes ago, whiteowl said:

Indeed, it's just a pure co-incidence that Honda and all the other firms that are leaving are choosing this particular moment in time.....

I don't believe it's mostly to do with Brexit, unlike some other cases. As the article reports, the Swindon factory output has been declining, and the plant currently operates at half-capacity: the choice without Brexit would have been the same, invest or divest, and in tgat context the recent EU-FTA probably plays as much of a role as Brexit before it.

 

There are some industry noises that Honda is actually after exiting the EU entirely (ref to Turkish pkant also closing), Brexit may just have facilitated and brought the decision forward, is all. Let's not kid ourselves, here: even in the absence of much forecast impact, Brexit is still a great excuse for unpalatable decisions to be taken by industry types after rationalisation of their UK operations.

 

But hey, that's what happens when you upend the status quo: situations, factors, variables all interact differently relative to before, and bring about new opportunities, good and bad.

 

For the rest of it, of course Honda aren't going to say that it's down to Brexit: Brexiteers buy cars just like Remainers, doesn't make much business sense to alienate potentially half of your market audience 

Edited February 19, 2019 by L00b

[geared 315]

Honda say it's not down to Brexit so thats fair enough, I imagine they don't want to get sucked into the total mess that Brexit is.

 

The marketplace is changing rapidly, they said there is an extraordinary push towards electric vehicles.

They need to be careful where money is invested, clearly we are not a smart investment so will not get the work.

 

[El Cid 220]

In 1950, UK’s per capita GDP was almost a third larger than the EU6 average; in 1973, it was about 10% below; it has been comparatively stable ever since. On this basis, joining the EU worked – it helped to halt Britain’s relative economic decline vis-à-vis the EU6.

[melthebell 863]

11 minutes ago, geared said:

Honda say it's not down to Brexit so thats fair enough, I imagine they don't want to get sucked into the total mess that Brexit is.

 

The marketplace is changing rapidly, they said there is an extraordinary push towards electric vehicles.

They need to be careful where money is invested, clearly we are not a smart investment so will not get the work.

 

possibly wouldve been with our scientific and manufacturing know how, base and spending in such areas, but since brexit thats all going up in smoke and we're looking more and more like a basket case and laughing stock

[geared 315]

and with the new Japan->EU trade agreement in place they can now manufacture at home and ship over here without the tariffs they faced before.

[Mister M 1,625]

It's grim that the low paying Wetherspoons supports Brexit, while high paying car manufacturers like Honda are queuing up to leave.

 

 

[alchresearch 214]

1 hour ago, geared said:

Honda say it's not down to Brexit so thats fair enough, I imagine they don't want to get sucked into the total mess that Brexit is.

 

Some business analyst on BBC Breakfast this morning said that the uncertainty and delays of parts imports would seriously affect their "Just In Time" method of working.  

[melthebell 863]

17 minutes ago, alchresearch said:

Some business analyst on BBC Breakfast this morning said that the uncertainty and delays of parts imports would seriously affect their "Just In Time" method of working.  

indeed, it was quicker to get parts "just in time" via france or wherever but itll take a lot longer to get from japan or australia or the US??

 

it'll be more like just in time...after youve built the car