if this was just brexit related, it would not be world wide It is? then why are so many of the newer cars troubling to pass the newest of emissions and londons new ulez are an example of that. Electrification, some want it to start in 2032 (Scotland) The U.K. and France have said 2040. Volvo have said by 2025 50% of their vehicles will be fully electric. You know El through big business that the larger the company the longer the company needs to look ahead to reduce costs on updating and innovation and you can't do that when everyone has so many different timelines for change. On Diesel gate and the impact on the diesel market new cars, you'll forgive me El but even the shit run JLR admits diesel sales since diesel gate has caused a massive slump in new car diesel sales. https://www.theguardian.com/business/2018/mar/05/diesel-uk-car-sales-fall-petrol-electric for the multinationals about to lose control maybe but your brexit is the excuse is a bit silly. The biggest problem within the eu is the lack of confidence within the eu countries in the eu project itself and if anyone looked at the individual countries and what's going on within them, would see that staring them in the face. Brexit is a game of ping pong, remainers often seem to forget their is another side playing in this game Agreed
I agree and there are a number of things happening together that creates the perfect storm for Swindon: 1) Car sales down Worldwide 2) Hondas range is not that good compared to stiff competition - just look at Toyota. 3) EU trade deal means cars from Japan are likely to be more profitable than UK made. Turkey would also be a lower cost base so any downsizing is most likely to hit Swindon. 4) Trump - Tariffs could hit EU production (Japan/Turkey escape) 5) Brexit - Prevented clear planning over the last 2 years and is perceived as an unquantifiable risk.
Honda are also closing there plant in Turkey . Blumin Brexit. https://www.swindonadvertiser.co.uk...on-factory-in-turkey-will-also-close-mps-say/
I don't think that's unreasonable ^. Watching sky news in the usual dukey way of doom and gloom and still after 7 minutes , haven't mentioned this is not happening till 2022. On the bike side, I loved/love the blackbird so when they stopped it there was a hope for a larger engine possibly, a more streamlined fairing etc and they came out with the vfr1200 turd and ever since then the development on new Honda models has been shocking and lacking. It got to a point that at bikes shows, Honda in the last 10 years has barely got a glance if a look at all and that has been reflected in their models.This kinda sums up Honda of late, out of 30 manufacturers, Honda came 21st and sitting very very close to JLR at 22 out of 30 https://www.best-selling-cars.com/europe/2018-q3-europe-best-selling-car-manufacturers-and-brands/
If we remove the bad memories.... A=UK B=EU market C= Japan Vehicle value=100 import tax=10% [ ] = tax free trading zone Option 1 C is manufacturing in C, sells to B [A&B] C 100+10=110 Option 2 C manufacturing the car in A, selling to B [A&B] C 100+0=100 *Option 3 C manufacturing in A, and sells to B ( A left the trading block) A [B&C] a left the trading block, C and B are in a trading block. 100+10=110 Guess as a shareholder which option would I vote for as the safest not knowing what are A's final intentions?
That's a joke not an insult and I wasn't having a debate with Jacob. Robarano called me an idiot which is a direct insult and imho instantly surrenders the argument.
Which is why we should never listen to large business when it comes to our democracy and future direction, they have no love for the country they operate in.
@Exige Since the rest of the post was what was said by those named and reported you can't be disagreeing with that so you must be disagreeing with me on Free acess to the EU? Do you genuinely think the UK will get a Free Trade Agreement with the EU?
Was announced in 2016 but very little pick up but the timing .. https://www.reuters.com/article/us-honda-china-idUSKBN12I00U https://www.reuters.com/article/us-...inese-plant-for-new-energy-cars-idUSKCN1N51JC
And you honestly believe them? all of a sudden factories are moving out 1 month before Brexit...magic happens?? LOL See below my simple understanding of it. A=UK B=EU market C= Japan Vehicle value=100 import tax=10% [ ] = tax free trading zone Option 1 C is manufacturing in C, sells to B [A&B] C 100+10=110 Option 2 C manufacturing the car in A, selling to B [A&B] C 100+0=100 *Option 3 C manufacturing in A, and sells to B ( A left the trading block) A [B&C] a left the trading block, C and B are in a trading block. 100+10=110 Guess as a shareholder which option would I vote for as the safest not knowing what are A's final intentions?
Yes, as they've also closed the plant in Turkey and built a new plant in China where the growth is, increased production in Japan where it can export to the EU with no import duty, I can fully understand there reasoning.
A lot of the Hondas made in Swindon are exported to the EU. It will no longer make economic sense to make those vehicles in the UK. Wait for Nissan, BMW and Toyota to make similar announcements. It will no longer make economic sense for them either and with Japan now having a decent trade deal with the EU they would want to move production back to Japan or Europe.
Or they are bluffing to put pressure on MPs....I was wondering why Carlos Gosn met TM couple of months after the Brexit vote. "You either give me some tax relief/ gov subsidy or we are moving over the pond?" All big businesses are asking for some sort of financial gain in exchange for employing 1000's of workers. BMW is building a new plant in Hungary...they received nearly £30 millions in tax relief over the next couple of years. Hungarian PM Orban: 1. Slamming the multi national companies for "robbing" the "poor" working class (easy votes gained this way, blame the foreigners for whatever goes wrong.) 2. Proud of himself because the economy does very well. (Audi, Mercedes, Opel, BMW factories are providing a large percentage of the GDP) 3. Gives a lot of tax relief to the above companies. What can we make out of this? I haven't got a clue...
Option 1 - EU/Japan trade deal recently signed means no 10% tariff so even more reason to stop manufacturing in EU or UK. On hearing that Turkey plant is also closing, makes me think this is mainly new trade deal driven + the World car sales being down. Brexit not such a factor then.
You Brexitards can try and argue the fact that Brexit has nothing to do with it but the sad fact is jobs are going elsewhere and in considerable numbers. Britain is no longer seen as a good place to trade globally from since the Brexit nonsense started. 1 in 10 cars made in the UK are made by Honda. That’s a lot of jobs and money the Govt has got to find to replace.
