Honda to close UK car plant in 2022, risking 3,500 jobs

spikyone

mayonnaise wrote: »

Already posted in the Brexit thread, where it belongs.

Mods, please merge.

HAMISH_MCTAVISH wrote: »

Brexit carnage continues.

Arklight wrote: »

No no, not Brexit. Nothing to see here...

First three posts, from the usual propaganda merchants keen to blame everything on Brexit before anyone starts inconveniently bringing facts to the discussion. :rotfl:

System

BobQ wrote: »

Not sure why you think this since the local Tory MP is assuring the world that is unconnected with Brexit

Why listen to "the local Tory MP" when you could listen to Honda :


"Honda said the move was due to global changes in the car industry and the need to launch electric vehicles, and it had nothing to do with Brexit."
- BBC News

Nick_C

You can't expect remoaners to make an intelligent comment based on the facts though can you? That doesn't fit their agenda.

Nothing to do with Brexit. A helluvalot to do with the EU though.

spadoosh

Nick_C wrote: »

You can't expect remoaners to make an intelligent comment based on the facts though can you? That doesn't fit their agenda.

Nothing to do with Brexit. A helluvalot to do with the EU though.

I love the trade deal. Its what we (the world) need.

Increased competition. You can bet vw and merc are going to have to pull their thumb out or face the consequences of losing business to japanese companies.

So the trade deal has cost 3,500 jobs in the UK (plus the supply and services). How many will it cost in the EU? The europhiles need to be careful what they are celebrating i suspect this celebration will harm the EU more than it will the UK.

Lungboy

Clifford_Pope wrote: »

Why listen to "the local Tory MP" when you could listen to Honda :


"Honda said the move was due to global changes in the car industry and the need to launch electric vehicles, and it had nothing to do with Brexit."
- BBC News

Indeed, let's listen to Honda.

spadoosh

Lungboy wrote: »

Indeed, let's listen to Honda.

That fits in line with every worst case scenario prediction... a 10% increase in costs. (vs a 10% hit on GDP).

Lets assume for a second that somehow this incompetent government do get a trade deal. Bear in mind no trade deals can be agreed until we have left the EU. Were arguing about the withdrawal agreement at the moment. Which means we where always going to go to WTO rules. ONce that happened its expected everyone will sit down and sort otu a trade deal. SO the 10% increase in costs is reasonably expected to last a short period of time as a trade deal would be arranged (eventually).

Now honda have a choice. They know (and with help and direction from japanese government) that they need to invest heavily in the future changes coming to the motor industry. They know they ahve a trade deal with the EU which means they can sell cars without any tariffs to the EU. Bear in mind the foundations for this arrangement where set in 2013, long before brexit was anything of a reality. So the choice was chuck a load of money at another country and hope to get a return. Or chuck a load of money at japan and hope to get a return. Now you know when youre chucking it at random country a its not benefititing your school friends. When you send it back home it does. Where do you send the money? Especially when your mate (the government) who chucked some money at you to help break in to other markets and ensured benefit to you in negotiations is maybe having a word in your ear about helping out the domestice market?

The Eu where happy to negotiate this arrangement. It was inevitable that there would be job losses as a result of this. So were paying the EU to make our decision for us on trade and the result is were losing manufacturing jobs. Who needs enemies ay?


The really funny thing is this agreement according to the EU is about two massive economies rejecting the idea of protectionism. Meanwhile japan is clawing back a load of jobs, savings itself a load of money and has got access to a market of 500 million customers all for the expense of allowing french corn int he country. And we really want them in charge of our trade deals? Theyre just sooo bad at them.

AlanP_2

spadoosh wrote: »

That fits in line with every worst case scenario prediction... a 10% increase in costs. (vs a 10% hit on GDP).

Lets assume for a second that somehow this incompetent government do get a trade deal. Bear in mind no trade deals can be agreed until we have left the EU. Were arguing about the withdrawal agreement at the moment. Which means we where always going to go to WTO rules. ONce that happened its expected everyone will sit down and sort otu a trade deal. SO the 10% increase in costs is reasonably expected to last a short period of time as a trade deal would be arranged (eventually).

Now honda have a choice. They know (and with help and direction from japanese government) that they need to invest heavily in the future changes coming to the motor industry. They know they ahve a trade deal with the EU which means they can sell cars without any tariffs to the EU. Bear in mind the foundations for this arrangement where set in 2013, long before brexit was anything of a reality. So the choice was chuck a load of money at another country and hope to get a return. Or chuck a load of money at japan and hope to get a return. Now you know when youre chucking it at random country a its not benefititing your school friends. When you send it back home it does. Where do you send the money? Especially when your mate (the government) who chucked some money at you to help break in to other markets and ensured benefit to you in negotiations is maybe having a word in your ear about helping out the domestice market?

The Eu where happy to negotiate this arrangement. It was inevitable that there would be job losses as a result of this. So were paying the EU to make our decision for us on trade and the result is were losing manufacturing jobs. Who needs enemies ay?


The really funny thing is this agreement according to the EU is about two massive economies rejecting the idea of protectionism. Meanwhile japan is clawing back a load of jobs, savings itself a load of money and has got access to a market of 500 million customers all for the expense of allowing french corn int he country. And we really want them in charge of our trade deals? Theyre just sooo bad at them.

Do you seriously believe that if they had been able to continue supplying the whole of the EU from the UK with 0% tariffs they would have closed Swindon and shipped cars from Japan anyway?

Possibly if there was a major investment required which could go to Swindon or ANO location they might have gone down that route but can't see any other reason.

As for negotiating Trade Deals - We were part of the EU when that deal was agreed weren't we? Based on the fact that you see that as a bad deal why do you think we will do any better when we are on our own and don't even have French corn to offer????

AlanP_2

spadoosh wrote: »

The europhiles need to be careful what they are celebrating i suspect this celebration will harm the EU more than it will the UK.

What celebrations?

kabayiri

With the EV revolution, I suspect we will see some new players into the market, and these players will not operate by the old rules ... producing tin boxes in France; Spain; UK; Germany etc.

The car producers have woken up to this. The growth market will be out in the Far East, and I expect more production to shift out there.

But...you don't really care do you. This is MSE ... and it is ALL about price.

movilogo

Separate threads on same topic is difficult to follow. Mods please merge this with Brexit discussion.