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Brexit meltdown? UK car investment tumbles but consumers resilient

11 Comments
By Costas Pitas and Paul Sandle

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11 Comments
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Didn't BMW and JLR both just announce big future investments in their UK plants?

0 ( +2 / -2 )

 I doubt even France and Germany can stay together much longer.

oh theyll stay together, because they know that being apart of the $19trillion free trade EU economy is far more advantageous than not. UK will find out shortly also.

3 ( +5 / -2 )

wtfjapanToday 02:11 pm JST

 I doubt even France and Germany can stay together much longer.

oh theyll stay together, because they know that being apart of the $19trillion free trade EU economy is far more advantageous than not. UK will find out shortly also.

You both have a point - France is running a deficit with its debt load sitting around eighty percent of GDP, while Germany is paying down its debt.

The Germans are exporting to France around $103 billion every year, but the French are only selling around $69 billion - The Eurozone is benefitting the Germans not necessarily every other Country even Britain is only selling $38 Billion to Germany while taking in $90 billion of Germany products.

1 ( +1 / -0 )

Falling back on WTO rules wouldn’t be ‘disorderly’.The writers of the article have no idea when they come up with words like “meltdown”

The UK has a product deficit with the EU so the MEPs don’t want a WTO rule based conclusion for the UK exit unless they really are too ignorant to comprehend the foolishness of that option.

Any refusal of the EU to negotiate intelligently going forward would be an obvious example of its own abject failure!

-2 ( +1 / -3 )

Brexit means more independence and more freedom. Trades between UK and EU will be settled over time for mutual benefits. I do not worry much.

0 ( +0 / -0 )

"The UK has a product deficit with the EU so the MEPs don’t want a WTO rule based conclusion for the UK exit unless they really are too ignorant to comprehend the foolishness of that option.@

Fallacy already debunked on many articles; yet still repeated "ad infinitum'.

"Does the EU need us more than we need them?"

https://www.bbc.co.uk/news/business-46612362

0 ( +1 / -1 )

 because they know that being apart of the $19trillion free trade EU economy is far more advantageous than not.

when the UK entered the European common market, it was one of the world's largest car manufacturers. Nowadays, it has basically zero domestic industry. That's hardly "advantageous." LOL.

-2 ( +0 / -2 )

All UK car manufacturing will move to the EU, or back to Japan, then the UK will have to import all its cars. So much for taking back control.

0 ( +1 / -1 )

There are scores of companies making cars in the UK and Morgan have been making the same basic model car for over 110 years!

0 ( +0 / -0 )

Brexit is great. Look, Australian Citizens travel the World and work all over the place. So why not British Citizens do the same...and if you don't like the UK, then you know where the exit is. Sure the economy will take an initial hit and readjustment but, if it really results in what I hope it will, then the UK will certainly be a place to return to, and be creative - there is so much opportunity for those who "want" to be in the UK without shackles tied to Europe. The only problem I forsee will be with IP - since the European courts may not uphold UK Copyrights and do the Chinese thing - copy innovative ideas.

And before anyone mentions him.. Dyson, has had his day, so let him go off and do his thing in Singapore. He's leaving room now, for new successors to become the next Dyson in British Tech. (I wonder also whether Japanese manufacturers have licensed his cyclone technology for their rip-off looking vacuum cleaners which are sold here at a discount to his....)

-1 ( +0 / -1 )

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