Re: Brexit Anyone ? (part 3) : Sat Feb 02, 2019 8:42 pm  

Durham Giant wrote:

https://www.bbc.co.uk/news/uk-england-tyne-47102708

Cannot wait to get back to Sunderland
I said when the racist mackems all voted to leave the EU it would put Nissan at risk.

Over 30,000 jobs depend on Sunderland Nissan.

Well they can now say we control our own borders but we will soon have no proper jobs.

Chickens coming home to roost. Whoop whoop

I'm not sure that people who voted to leave can be blamed for this as nothing has happened yet we've not left, what I will say is that it could be the uncertainty created by the muppets in the commons is more to blame for the possibility that this investment might not happen. It would be a shame if this is pulled and jobs are lost very sad. Lets keep our fingers crossed.

Re: Brexit Anyone ? (part 3) : Sat Feb 02, 2019 8:49 pm  

The Devil's Advocate wrote:

Yep, if it comes to pass I'll be quietly amused, if any of the Brexit gang deserved a bit of Karma it's that lot.

WHY ????

[Durham Giant]

Re: Brexit Anyone ? (part 3) : Sat Feb 02, 2019 8:57 pm  

POSTL wrote:

I'm not sure that people who voted to leave can be blamed for this as nothing has happened yet we've not left, what I will say is that it could be the uncertainty created by the muppets in the commons is more to blame for the possibility that this investment might not happen. It would be a shame if this is pulled and jobs are lost very sad. Lets keep our fingers crossed.

WHEN Britain voted to leave the UK the EUhad a 10 %tax on Japanese made cars going into Europe Nissan and Honda etc built plants here so they could avoid that tax.

18 months ago the EU signed a free trade agreement with Japan which ended the 10% tax.

The net result is that 10% margin is now no longer important to Nissan. the uncertainty and problems now with the supply lines means that other than selling cars in the UK Nissan and Honda etcc are as well building them in another EU country or even keeping the jobs in Japan and then shipping them over.

Re: Brexit Anyone ? (part 3) : Sat Feb 02, 2019 9:37 pm  

Durham Giant wrote:

WHEN Britain voted to leave the UK the EUhad a 10 %tax on Japanese made cars going into Europe Nissan and Honda etc built plants here so they could avoid that tax.

18 months ago the EU signed a free trade agreement with Japan which ended the 10% tax.

The net result is that 10% margin is now no longer important to Nissan. the uncertainty and problems now with the supply lines means that other than selling cars in the UK Nissan and Honda etcc are as well building them in another EU country or even keeping the jobs in Japan and then shipping them over.

I see what your saying, that they may now have to pay import charges into this country (say 10%) which the no longer have to pay in the EU, ok I get it. But, and I may be totally missing the point here. The article points to the recent drop in sales of the Diesel cars, if they now decide to put petrol engines in they are not sure it would be financially viable to ship the engines over from Japan. I know they got some kind of assurances from the govt over Brexit 2016 (what ever that was, surely discussions are to be had). But the only person in the article saying that Brexit is partly to blame is a Labour MP.

Re: Brexit Anyone ? (part 3) : Sun Feb 03, 2019 12:16 am  

Durham Giant wrote:

WHEN Britain voted to leave the UK the EUhad a 10 %tax on Japanese made cars going into Europe Nissan and Honda etc built plants here so they could avoid that tax.

18 months ago the EU signed a free trade agreement with Japan which ended the 10% tax.

The net result is that 10% margin is now no longer important to Nissan. the uncertainty and problems now with the supply lines means that other than selling cars in the UK Nissan and Honda etcc are as well building them in another EU country or even keeping the jobs in Japan and then shipping them over.

Whatever. There's about as much chance of you walking into a pub in Sunderland and gobbing off to a load of Mackems as there is of Diane Abbott passing GCSE Maths. Let me know when you've done it, I'll start a GoFundMe for your dentist bill. Actually, from the glee you've displayed I've changed my mind, you probably deserve it. Go and tell them Mackems lad, with my best wishes.

Fact is, the crash in diesel demand is having a massive impact on most car manufacturers and their strategies. I could have told you this from my days dealing with Volkswagen via Bentley. I have no doubt Brexit is also being considered but there appears to be no threat to existing jobs in Sunderland.

Re: Brexit Anyone ? (part 3) : Sun Feb 03, 2019 9:26 am  

wrencat1873 wrote:

Mind you, they (the Lib-dems) are the only party with a truly unified Brexit position, albeit not the one that "the people" voted for.

I think the SNP, Plaid Cymru, SNP & Green Party (4-5 times more MPs than Libs) might disagree.

Re: Brexit Anyone ? (part 3) : Sun Feb 03, 2019 12:16 pm  

Cronus wrote:

Fact is, the crash in diesel demand is having a massive impact on most car manufacturers and their strategies. I could have told you this from my days dealing with Volkswagen via Bentley. I have no doubt Brexit is also being considered but there appears to be no threat to existing jobs in Sunderland.

Are you really suggesting that Nissans decision to pull the X-Trail isn't a direct consequence of the Brexit debacle?

Re: Brexit Anyone ? (part 3) : Sun Feb 03, 2019 1:32 pm  

The Devil's Advocate wrote:

Are you really suggesting that Nissans decision to pull the X-Trail isn't a direct consequence of the Brexit debacle?

Of course, it's definitely a factor, which is what I alluded to. Uncertainty is not great in business. But if diesel sales hadn't been in a steep decline as they have been since a high around 2010/11 (down over 10% in Europe I believe), then perhaps this decision wouldn't have been reached.

But let's be clear, this isn't Nissan pulling out of Sunderland because of Brexit. It's Nissan taking a look at sales trends, their supply & distribution model, Brexit uncertainty and market projections, and deciding it's more cost-effective and probably makes sense right now to build the X-Trail in Japan.

A year or two ago I had to swap company car twice (leased as my fleet car hadn't come in yet) because the car hire company were selling off their diesel stock and no longer offering diesel cars. Eventually I was given a brand new petrol Mini Cooper a belting car but not ideal with a family (I'm no longer working there, the car fiasco was one of a few issues). The company was Thrifty, part of Hertz. I have no idea whether Hertz are ditching diesel and vans are probably still diesel, but Thrifty were definitely getting rid of their diesel car stock. A sign of the times.

Re: Brexit Anyone ? (part 3) : Mon Feb 04, 2019 2:50 pm  

Cronus wrote:

Whatever. There's about as much chance of you walking into a pub in Sunderland and gobbing off to a load of Mackems as there is of Diane Abbott passing GCSE Maths. Let me know when you've done it, I'll start a GoFundMe for your dentist bill. Actually, from the glee you've displayed I've changed my mind, you probably deserve it. Go and tell them Mackems lad, with my best wishes.

Fact is, the crash in diesel demand is having a massive impact on most car manufacturers and their strategies. I could have told you this from my days dealing with Volkswagen via Bentley. I have no doubt Brexit is also being considered but there appears to be no threat to existing jobs in Sunderland.

The crash in sales of diesel cars is well documented, no doubt.
However, having had government assurances that trading conditions post Brexit would be "no worse", which did seem a little optimistic, can you honestly look in the mirror and tell yourself that Brexit played ABSOLUTELY no part in their choice of where to produce the new model, even though their head guy threw Brexit into the mix as to why they had made the change.
Do you think he was paid by project fear, just to mention it ow, was it just something to say.

Some businesses are getting nervous about what lays ahead and we all rely on stability and "certainty" to make forward plans. This goes for Joe public buying a new 3 piece suite or, multinational companies deciding on their next round of investment.
If it was your money (or mine) would you rally be putting you gambling chips on the UK ??, you dont have to answer this one as you may put some of your own Brexit argument out of the window.
By the way, the EU is in a similar position on this as the uncertainty doesnt help them either. Although, if the products that you manufactures were mainly for sale in the EU27, the other side of" la manche" seems a safer option.

Both the EU and UK are hovering above the line in terms of being close to recession and as I pointed out many months ago, the timing of all this, following the deepest recession in almost a century was both ill thought out and reckless. However, as we see from our politician, personal issues seem to be way higher up the list of priorities than the prosperity of The UK.

[Mild Rover]

Re: Brexit Anyone ? (part 3) : Mon Feb 04, 2019 3:05 pm  

If May's next statement, which iirc is due next week, indicates she is to continue to pursue a deal by reaching an accommodation with the ERG, I think it will be time for some low key no-deal personal prepping. Bit of extra tinned food and the like.