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5000 Jaguar jobs to go; dear old Brexit; what a great idea (not)
TOPIC: 5000 Jaguar jobs to go; dear old Brexit; what a great idea (not)
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Re:5000 Jaguar jobs to go; dear old Brexit; what a great idea (not) 5 Years, 3 Months ago
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Even though the Sunderland area is largely dependent on Nissan - with 8,000 workers, and those with suppliers etc. - 56% of the electorate voted to leave the EU.
In Derbyshire, where Toyota play a similar role in the community, a majority also voted to leave - putting thousands of livelihoods at risk.
The biggest examples of foot shooting ever - as both these car giants have numerous
other options.
Nissan have an alliance with Renault, and can easily relocate to France; a country which already has a shareholding in said alliance.
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Re:5000 Jaguar jobs to go; dear old Brexit; what a great idea (not) 5 Years, 3 Months ago
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Paradoxically, one completely British - owned and managed - car manufacturer is unable to keep up with demand.
For 110 years, Morgan have manufactured cars in Worcestershire - and now make about 1,500 cars a year; about 6 different models.
Handmade and with a waiting list - deemed, by those who know, to be classic sports cars. Wood remains a feature of each.
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Re:5000 Jaguar jobs to go; dear old Brexit; what a great idea (not) 5 Years, 3 Months ago
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'M' wrote:
Jaguar have stopped all work on liquid fueled cars and are only working towards electric and that work is being done elsewhere these are the last generation Jaguars you can buy now that do not need to be charged.
Nothing to do with Brexit.
Europe will need to work hard after we leave Mrs May has ballsed it up you need business people to sort it out not cockwomble's
Stopped all work? I think not.
But all major vehicle manufacturers see electric cars as the future - and are gearing up for it.
Development problems include slow charging, planning permission for home charging docks and grid capability - in various countries.
Progress is being made, but it's be a decade or two before Ford's combustion engine is redundant.
Driverless cars will also be common soon, just like most modern cars don't have spare wheels - as we knew them...
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Re:5000 Jaguar jobs to go; dear old Brexit; what a great idea (not) 5 Years, 2 Months ago
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Now, the Honda factory in Swindon is to close - with the loss of 3,500 jobs.
Together with those supplying the factory - and other connected jobs.
Swindon will soon feel the pinch again - just like it did when its railway industry declined.
Foreign car manufacturers have been the first to implement decisions, based on Brexit.
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Re:5000 Jaguar jobs to go; dear old Brexit; what a great idea (not) 5 Years, 2 Months ago
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Just an update....while as I just mentioned Brexit uncertainty will be a factor it would seem a recent EU trade deal with Japan is actually the main reason!....
www.bbc.co.uk/news/business-47282603
'The EU and Japan recently struck a trade deal which lowers tariffs on both parties' car exports to zero.
James Atwood, deputy editor of Autocar magazine, said this could be a big factor behind Honda's decision.
"It allows Honda to produce their cars in Japan where most of their plants are and then ship them to the EU without having to pay the import tariffs they have been, which does reduce one of the reasons for needing a plant in the UK," he told BBC News.
BBC business editor Simon Jack says the trade deal certainly "means a dwindling rationale to base manufacturing inside the EU".
He said: "Production at Swindon has been in decline for some time and is currently running at about half its capacity - another strike against it. But, having said that, Japanese companies are very long term investors.'
So would all those who blamed Brexit on this thread like to join me in blaming the EU?
If it was mainly Brexit at fault then production would have been moved to another EU country....it has been moved back to Japan...it was only EEC tariffs that encouraged the Japs to come over here in the first place...now the EU has gone and deliberately undermined our manufacturing....but don't worry....I'll just blame Brexit anyway....
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Re:5000 Jaguar jobs to go; dear old Brexit; what a great idea (not) 5 Years, 2 Months ago
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So it's official....Honda has confirmed Brexit had nothing to do with the decision to close Swindon!
www.telegraph.co.uk/business/2019/02/19/...latest-blow-uks-car/
'Honda claims 'devastating' Swindon plant closure not related to Brexit - latest news'
And for Hedda...of course big corps will hedge their bets,and open offices abroad because of Brexit....that's the way...most have places all over the world...but how many real jobs have gone to the EU?....You are reading into normal sensible big business decisions,and the facts are not there to support the reality of the situation...actual employment and wages are up...not down....and investment is up....our economy is growing faster than Germany....and all this despite the mess the government has made of negotiations...
....Just leave you with an article about venture Capital in the UK...we are still the preferred destination to europe
www.eastmidlandsbusinesslink.co.uk/mag/f...-reveals-new-report/
'UK remains Europe’s prime investment destination for Venture Capital, despite Brexit, reveals new report'
'Brexit concerns have failed to dent Venture Capital appetite for UK startups, says a new report by KPMG Enterprise.
A total of £1.4 billion was invested by VCs into UK startups across 200 deals in Q3 (July – September 2018). This was up £9 million on the £1.31 billion raised in the same quarter last year according to Venture Pulse Q3 2018, [a quarterly report on global trends published today by KPMG Enterprise].
This compares to £634 million invested in Germany over 73 deals and £344 million of VC investment into France over 37 deals in Q3 2018.'
Even otherwise intelligent folks can be fooled by distorting facts...
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